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In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...
Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a ...
Lower rates help many businesses, including car makers. Rate cuts make financing vehicle purchases more affordable. As for ...
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...
Federal Reserve Chair Jerome Powell delivers a high-profile address at the annual Jackson Hole Economic Policy Symposium.