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The modest cut — to a range of 1.75% to 2% — irritates Trump, who has insisted on more aggressive action.
The Federal Reserve used to be an economic black box. Now Chair Powell holds press conferences throughout the year. How’d it get to this point?
Unemployment is low. Consumer spending is high. But we’re also in a trade war with China, and growth is slowing around the world.
A single word can indicate the central bank’s attitude toward interest rates.
The FOMC meets this week to set interest rate policy, and it faces a slowing economy with inflation falling.
Jessica Rett of UCLA helps us parse the central bank's language.
The Fed presents a united front when it makes decisions, but not everyone on the Federal Open Market Committee has a say on interest rates.
Fed Chairman Jerome Powell and the other members of the agency's Open Market Committee meet Tuesday for the first time this year.
An analysis of taxi data suggests the possibility of increased communications around Federal Open Market Committee meetings.
He will play an important role in the future Federal Open Market Committee decisions.