Biden admits economic recovery still needs ‘work,’ forgets meeting Fed chair in error-laden speech
President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
But there is a fight that the central bank hasn’t won. Although it might not be its fight at all.
Biden falsely claims he's never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
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Interest rate cuts by Federal Reserve could help those hoping to buy a home
It's something many Americanshave been highly anticipating: theFederal Reserve cut interest rates for the first time in 4 ...
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Fed Chairman Suggests ‘Influx’ Of Migrants Are Contributing To Rising Unemployment
Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on ...
Biden says Fed made ‘declaration of progress’ with interest rate cut
President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased.