Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Southern California’s 3.4% inflation rate hits 7-month high
LA-Orange County: Inflation was 3.3% in January, down from December’s 3.4%, which was the highest since May 2024. It was 2.5% ...
Zawya2h
Why forecasters stand firm on shifting economic sands: McGeever
Whether it is economists' inflation outlooks or analysts' predictions for where the S&P 500 will end the year, forecasters are notoriously slow to change their views, regardless of the weight of evide ...
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
NBC Los Angeles1d
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
Mortgages won’t be available in some areas, Fed chair warns
Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday, mostly about interest rates, which he normally discusses. However, during the question and answer ...
Trump 2nd term live updates: After Musk X post, director brings CFPB to standstill
The buyout offered to federal employees last week was extended to the Central Intelligence Agency on Tuesday, according to ...
Sluggish Jan payrolls growth unlikely to sway Fed
U.S. job growth slowed more than expected in January, likely restrained by wildfires in California and cold weather across ...
JD Supra13h
Q&A: Will States Take the Lead in Consumer Protection?
Rohit Chopra was dismissed as Director of the Consumer Financial Protection Bureau (CFPB), with Secretary Scott ...
Rep. Waters Urges Powell to Maintain Fed Independence
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
AOL1d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The Federal Reserve meets for its second two-day rate ... BLS saw no discernible effect of California's wildfires or severe winter weather in January on employment. The consumer price index ...