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Lance Nelson/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates. Speaking at an annual gathering in Jackson Hole, Wyoming, Powell said the “time has come” for the Fed to adjust its interest rate policy. The announcement comes after a yearslong effort to […]
Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday. Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price increases while acknowledging that such headway had […]
Justin Sullivan/Getty Images (WASHINGTON) — Republican National Committee Chair Ronna McDaniel looks increasingly likely to leave her leadership role in the party amid frustration from some committee members and very public prodding from former President Donald Trump. Multiple sources familiar with a conversation between her and Trump have told ABC News that they discussed the possibility […]
RNC Chairwoman Ronna McDaniel delivers remarks before the NBC News Republican Presidential Primary Debate at the Adrienne Arsht Center for the Performing Arts of Miami-Dade County on Nov. 8, 2023 in Miami, Florida. (Joe Raedle/Getty Images) (WASHINGTON) — Ronna McDaniel, the chair of the Republican National Committee, has discussed with Donald Trump the possibility of […]
Bloomberg Creative/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell spoke over the phone with two Russian pranksters falsely posing as Ukrainian President Volodymyr Zelenskyy, the central bank confirmed to ABC News on Thursday. The incident, which took place in January, has been referred to law enforcement, a spokesperson for the central bank told ABC […]
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