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Federal Reserve Board Chair Jerome Powell added little to his recent Congressional testimony, so despite strong retail sales data, it appears the Fed will cut rates later this month.
July 16 -
The Empire State Manufacturing Survey’s general business conditions index turned positive in July.
July 15 -
Federal Reserve Chair Jerome Powell’s testimony before Congress this week made it seem a rate cut at the end of the month is a done deal.
July 12 -
After President Trump's criticism, the Fed Chairman told the Senate Banking Committee a move would be based on what’s best for the economy.
July 11 -
Markets took the Federal Reserve Board chairman's comment on increased uncertainty as a signal that a 25 basis point rate cut is coming.
July 10 -
Federal Reserve officials judged uncertainties and downside risks to the outlook for the U.S. economy had increased significantly when they gathered in June, strengthening the case for an interest-rate cut
July 10 -
With the economy strong, Federal Reserve Bank of Philadelphia President Patrick Harker said interest rates should be held for now.
July 9 -
Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.
July 9 -
The market will look for clues about monetary policy when Fed Chair Jerome Powell testifies before Congressional panels this week.
July 8 -
Consumers see inflation rising 2.7% in the next three years and expect the Fed to cut rates, according to the Federal Reserve Bank of New York’s June Survey of Consumer Expectations.
July 8