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Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
The Federal Reserve kept interest rates unchanged at between 4.25% and 4.5% following the most recent Federal Open Market Committee meeting Wednesday. The Fed’s decision could be felt by President Trump as a rebuke after Trump continuously called for the Fed and Chairman Jerome Powell to cut rates.
Tech giants Meta Platforms and Microsoft reported solid quarterly results Wednesday afternoon. Shares of both companies ...
Harker’s term expired June 30, 2025. (Federal Reserve Bank of Philadelphia) One challenge, Harker said during the summit, is that much of what the Federal Reserve does sounds technical and ...
Let us know! The Federal Reserve Bank of Philadelphia has a new leader after nearly a decade. Incoming president Anna Paulson replaces Pat Harker, whose term expired June 30.
While investors worry about the markets, the Federal Reserve Bank of Philadelphia is raising the alarm about another economic ...
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Federal Reserve Bank of Philadelphia Ushers In New Era As Anna Paulson Takes ReignsAnna Paulson officially began her tenure as the new president of the Federal Reserve Bank of Philadelphia on July 1, writes Kristen Mosbrucker-Garza for ...
As he heads toward retirement at month’s end, Philadelphia Federal Reserve President Patrick Harker says interest rate cuts remain a possibility this year amid a very uncertain economic ...
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Friday's Economic Calendar - MSN8:30 AM Philadelphia Fed Manufacturing Index The general conditions index from this business outlook survey is a diffusion index of manufacturing conditions within the Philadelphia Federal Reserve ...
FILE PHOTO: Federal Reserve Bank of Philadelphia President Patrick Harker stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in ...
The Federal Reserve is meeting July 30-31 to discuss its benchmark rate. Here's what economists say about the impact on your ...
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