Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday, ...
Tag: Cut
Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days
U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for ...
Spirit Airlines to furlough 270 pilots, demote more than 100 others as it prepares to cut flights
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in ...
Trump suggests Fed Chair may cut interest rates
President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the ...
Sri Lankas apparel industry alarmed by US tariff of 30%, hopes for cut
Distress is in store for Sri Lanka’s garments sector if the island nation is unable to clinch a tariff lower ...
Bank stocks vs NBFC stocks: Look who’s racing ahead in rate cut cycle
While banks have delivered solid gains in 2025, it’s the Non-Banking Financial Companies (NBFCs) that are quietly and powerfully stealing ...
Powell confirms that the Fed would have cut by now were it not for tariffs
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on "The Federal Reserve's Semi-Annual Monetary ...
Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday
With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted ...
Fed Governor Waller says central bank could cut rates as early as July
Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be ...
US Fed keeps rates steady, sees 50 bps rate cut in 2025
The US Federal Reserve on Wednesday held interest rates steady, maintaining the benchmark federal funds rate at the 4.25%–4.5% range ...
