(The Center Square) – The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates.
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(The Center Square) – Investors are predicting another rate cut at the Federal Reserve’s meeting next week after a better-than-expected inflation report Friday, while stocks reached new highs.
(The Center Square) – The U.S. Bureau of Labor Statistics released inflation numbers for August Thursday, revealing an 0.4% increase in consumer prices that exceeded projections of 0.3%.
(The Center Square) – The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that the Fed may soon lower interest rates.
(The Center Square) – Existing-home sales declined 2.7% in June as prices hit record highs, according to the National Association of Realtors.
(The Center Square) — U.S. Rep. Abe Hamadeh urged Federal Reserve Chairman Jerome Powell to resign, citing Powell's unwillingness to lower interest rates.