Aug 01 Fed chief struggles to manage a wild card: Trump trade wars By Josh Boak, Associated Press After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve. Continue reading
Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December. Continue watching
Jul 31 Column: The Fed is lowering interest rates, but so are market forces By Paul Solman Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no. Continue reading
Jul 31 WATCH: Federal Reserve cuts key rate for first time in a decade By Martin Crutsinger, Associated Press The central bank cut its benchmark rate — which affects many loans for households and businesses — by a quarter-point to a range of 2 percent to 2.25 percent. Continue reading
Jul 31 3 things to watch at the Federal Reserve as it's poised to cut interest rates By Martin Crutsinger, Associated Press The Fed under Chairman Jerome Powell has signaled a belief that uncertainties and threats unleashed by President Donald Trump's trade war and by a global slowdown justify a Fed rate cut. Continue reading
Jul 25 European Central Bank joins Fed in paving way for stimulus By David McHugh, Associated Press The ECB's rate-setting board left its key interest benchmarks unchanged at a policy meeting Thursday but said it could cut them as its next move. Continue reading
Jul 11 3 ways Trump disagrees with Fed chair Powell on the economy By Gretchen Frazee From trade tensions to the unemployment rate, Powell’s comments to lawmakers on Capitol Hill this week stood in contrast to the statements Trump has repeatedly made about the economy. Continue reading
Jul 11 WATCH: Powell says Fed prepared to keep economy in a 'very good place' By Martin Crutsinger, Associated Press Federal Reserve Chairman Jerome Powell's comments before the Senate Banking Committee strengthened the message he had sent to a House panel on Wednesday that the central bank is prepared to cut interest rates to support economic growth. Continue reading
Jul 10 Watch 5:20 News Wrap: Fed signals impending interest rate reduction In our news wrap Wednesday, the Federal Reserve gave its strongest signal yet that an interest rate cut is coming. Fed Chair Jerome Powell said growing economic "uncertainty" makes the case for a rate reduction, which would be the first… Continue watching
Jul 10 WATCH: Fed chair Jerome Powell says rate cut likely coming soon By Martin Crutsinger, Associated Press The chairman's remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates. The S&P 500 index briefly traded over 3,000 for the first time. Continue reading