WASHINGTON, D.C. - Senator Jay Rockefeller released the following statement today after voting no on two separate Senate proposals that would amend the U.S. Constitution and create a balanced budget ...
Fed Chair Powell and FOMC hint at upcoming rate cuts, shifting focus to labor market conditions. Recent economic data shows improving inflation and stable labor market, supporting potential rate cuts.
A newly dovish Federal Reserve likes what it sees on inflation and jobs but is waiting on interest rate cuts. At its July meeting, the FOMC held the federal funds rates unchanged for the eighth ...