U.S. Federal Reserve
The Latest
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Business Investment Decline For The US’ Third Quarter
GDP increase of 1.9% in US’ third quarter is caused by consumer spending but is still lower overall. GDP increase of 1.9% in US’ third quarter is caused by consumer spending but is still lower overall. -
Trump, Markets Unhappy Over ‘No Vision’ Fed Cut
U.S. President Donald Trump took to Twitter to express his disappointment over the Fed’s cut on Wednesday as the Dow declined by 150 points. U.S. President Donald Trump took to Twitter to express his disappointment over the Fed’s cut on Wednesday as the Dow declined by 150 points. -
JPMorgan Earnings Beat Expectations But Downgrades Outlook
JPMorgan cut its forecast for the year's net interest income by $500 million to $57.5 billion despite reporting record second-quarter earnings. JPMorgan cut its forecast for the year's net interest income by $500 million to $57.5 billion despite reporting record second-quarter earnings. -
Bitcoin Rate Falls After Jerome Powell Comments 'Serious Concerns'
Federal Reserve's Jerome Powell's comments bring down bitcoin rates. Federal Reserve's Jerome Powell's comments bring down bitcoin rates. -
Asian Exchange Posts Highs Following Announcement Of Fed Chair
Federal Reserve chair Jerome Powell hinted at interest rate cuts, fueling a morning Asian trade run. Federal Reserve chair Jerome Powell hinted at interest rate cuts, fueling a morning Asian trade run. -
US Services Sector Increase Gives Small Respite To Otherwise Gloomy Economy
Data from ISM and ADP shows increased activity in the country's services sector giving a much-needed boost to the economy. Data from ISM and ADP shows increased activity in the country's services sector giving a much-needed boost to the economy. -
Markets Roiled by Fed No Rate Hike Decision
The U.S. Federal Reserve rules out a rate hike this year -- and sows confusion. The U.S. Federal Reserve rules out a rate hike this year -- and sows confusion. -
U.S. Manufacturing Loses Momentum; Economy Slows
Trump's trade war has slowed down the growth of the U.S. manufacturing sector. Trump's trade war has slowed down the growth of the U.S. manufacturing sector. -
Fed Chairman Powell Asserts No Trump Influence In Decision To Stay Interest Rates
Jerome Powell, chairman of the U.S. Federal Reserve, says president Donald Trump did not influence the Fed's decision to maintain interest rates at current levels. Jerome Powell, chairman of the U.S. Federal Reserve, says president Donald Trump did not influence the Fed's decision to maintain interest rates at current levels. -
U.S. Fed Repudiates Trump; Hikes Interest Rates Again
Declaring that "political considerations play no role whatsoever in our discussions or decisions about monetary policy," the U.S. Federal Reserve went ahead and raised its benchmark interest rate a quarter-point but lowered its projections for future hikes in 2019. Declaring that "political considerations play no role whatsoever in our discussions or decisions about monetary policy," the U.S. Federal Reserve went ahead and raised its benchmark interest rate a quarter-point but lowered its projections for future hikes in 2019.