The Federal Reserve is expected to lower benchmark interest rates by 25 bps Wednesday and signal more cautious easing as both labor market and inflation data worsen.
Fed Chair Jerome Powell hinted strongly at the annual Jackson Hole conference that cuts a... See more
A rising risk of worsening employment conditions prompted the Federal Reserve Wednesday to begin moving toward a more neutral monetary policy even as inflation is expected to remain above target through next year, Fed Chair Jerome Powell said Wednesday af... See more