The Federal Reserve didn't go far enough for President Trump. During an event at the White House on Wednesday afternoon, Trump said the quarter-point rate cut was "a rather small number that could ...

Fed Chair Jerome Powell acknowledged that while artificial intelligence has prospects for increasing productivity, it “may make other people have to find other jobs.” AI is "part of the story, it’s ...

The S&P 500 and Dow industrials were hitting session highs around 3 p.m. in New York as Federal Reserve chair Jerome Powell took questions from reporters. Powell clarified that he doesn't think any ...

Fed Chair Jerome Powell says risks to both sides of the central bank’s dual mandate--price stability and maximum employment--put it in a difficult and unusual situation. “Job creation may be negative, ...

The Federal Reserve is ready to expand its balance sheet once more by buying short-term Treasury securities, aiming to head off bouts of pressure in overnight lending markets that are critical to the ...

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