Browsing: fed interest rate hike
Federal Reserve Chairman Kevin Warsh told markets yesterday that the central bank’s rate-setting committee had unanimously agreed on a 25…
The Federal Reserve raised its benchmark rate by a quarter point on Wednesday, to 3.75-4%. But the rate that matters…
Buried in the Federal Reserve’s June policy statement—the shortest of Kevin Warsh’s young tenure as chair—is a single sentence with…
One could argue that last week’s surprisingly robust jobs report has made Jerome Powell’s job harder, as it defies the…
If the market doesn’t seem sure whether or not to expect a base interest rate cut next month, it’s not…
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a widely anticipated…
Powell noted that while labor markets remain in balance, it is a “curious kind of balance that results from a…
Markets were hoping for a further signal of their estimations this week, at the Jackson Hole Symposium held by the…
Donald Trump is taking his battle with Jerome Powell to the doorstep of the Federal Reserve. Literally. The president will…
As well as penning letters to hundreds of world leaders this week, the White House also found time to write…