After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would cut interest rates again.
It's quiet in Washington as the federal government shutdown prevents workers from providing information needed for economic assessments. Michigan’s monthly jobs report would have revealed employment ...
WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ...
WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ...
The Federal Reserve is already staring down the difficult task of determining interest-rate policy in the midst of a sluggish labor market and high inflation. The government shutdown now in its second ...