The FOMC was clearly worried that expectations for 25 basis points were too entrenched, so they briefed on background. But ...
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or ...
Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't ...