Fed set to cut interest rates as Jay Powell faces dissent over slowing economy
Central bank expected to lower borrowing costs despite divisions over the risks of further inflation
Related reading
Federal Reserve’s Jay Powell signals further US interest rate cuts are not…
Central bank faces ‘challenging situation’ as it weighs inflation risks while jobs market softens
Jay Powell to push back on calls for Federal Reserve rate cuts as soon as July
US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices
Wall Street’s September Fed rate cut bets still hinge on next data
Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way
Federal Reserve signals no rush to cut interest rates as US economy powers ahead
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
White House presses Federal Reserve for ‘dramatically lower’ rates as meeting…
Jay Powell expected to widen rift with Trump by keeping monetary policy unchanged at Wednesday’s meeting
Jay Powell strikes hawkish tone as Federal Reserve defies Donald Trump’s calls…
Two members of the US central bank’s voting committee dissent from decision not to lower borrowing costs