The Fed risks being behind the curve when the economy turns, Bill Dudley said. The former New York Fed chief said the US-China trade deal extends tariff uncertainty, delaying action. "If the US ...

Federal Reserve Chair Jerome Powell laid out plans to trim the central bank's workforce by 10% across its system in the coming years, according to a message sent to Fed staff Friday obtained by ...

Powell acknowledged at the conference that the economic environment has changed since the Fed's last strategy meeting in 2020, when interest rates were far lower than they are today. "Longer-term ...

We will examine ways to improve along that dimension as we move forward." He noted that while the Fed's benchmark policy rate is currently well above zero — currently in the range of 4.25% to 4. ...

Federal Reserve Chair Jerome Powell said the economy may be entering a period of ‘more frequent’ supply shocks. Photo: Jim Watson/AFP/Getty Images Federal Reserve Chair Jerome Powell said the ...

Still that reflects a "historically unusual result" of inflation falling from its pandemic peak without major damage to the economy, a "soft landing" that did take place under the Fed's current ...

Stocks are weighing worrying comments from Fed Chairman Jerome Powell, who spoke at an economic event today. Powell warned that long-term interest rates are expected to remain elevated while ...

In response to the tariffs, some retailers are planning to raise prices, according to the Fed’s April Beige Book, “which could then limit spending, especially by the most price-sensitive ...

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NEW YORK, May 16. /TASS/. US President Donald Trump became a grandfather for 11th time as his daughter Tiffany has given birth to a son. "Welcome to the world our sweet baby boy, Alexander Trump ...

Slowdown Signs Mount as Jobless Claims Hit 10-Week High, Philly Fed Index Plunges By Investing.com - May 19, 2022 23 By Geoffrey Smith Investing.com -- There were fresh signs that the U.S ...