Government shutdown will cost economy up to $14 billion
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The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government ...
Federal Reserve Chairman Jerome Powell said that a lack of key data due to the government shutdown will cause the central ...
The Fed's monetary-policy makers are working to figure out the economic impact of the Trump administration's tariffs, and a ...
Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to ...
Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders .
Fed Chair Jerome Powell said the U.S. economy is growing at a slower pace this year. Powell said the Fed staff sees economy ...
Government shutdowns can slow GDP, delay pay, hurt local economies and contractors, disrupt programs, and weigh on consumer ...
"Today, the Bank lowered the policy interest rate a further 25 basis points, bringing it to 2¼%. This was our second straight ...
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