Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
New York Sun1d
The Day Lyndon Johnson Pushed the Fed Chairman Around the Room While Shouting Curses at Him
The case for accountability was forcefully put by Congressman Wright Patman, chairman of the House Committee on Banking ...
cryptopolitan1d
Federal Reserve Chair Jerome Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
The Federal Reserve Chairman Jerome Powell announced on November 14 that strong U.S. economic growth will allow policymakers ...
Wall Street weakens as its post-election boom slows some more
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Pensions&Investments2d
Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Inflation rose right before the election, posing challenges for Trump
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
The Times of Northwest Indiana3d
Ex-Gary Mayor Jerome Prince pleads guilty to wire fraud; used campaign donations to buy house
HAMMOND — Former Gary mayor Jerome Prince pleaded guilty to wire fraud in Hammond federal court Wednesday, one week after he admitted he used more than $26,000 in campaign donations to help ...
The Age5d
Stephen Bartholomeusz
What has them most excited is the man Trump has vowed to fire on his first day in office. Jerome Powell says he will not resign as chairman of the US Federal Reserve should the president-elect ask ...
Benefits Pro8d
Federal Reserve cuts interest rates, again: Trump effect?
On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.