Fed's Rosengren says the US has survived the trade war and doesn't need rate cuts
Rosengren was one of two central bank officials to vote against Wednesday's quarter-point rate reduction.Read more:
Fed Vice Chair Clarida says the Fed will take interest rate policy 'meeting by meeting'
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC.Read more:
The Federal Reserve is increasingly divided with one official even wanting a sizable half-point cut
Fed regional presidents James Bullard and Eric Rosengren released statements explaining why they voted against this week's rate cut.Read more:
Leon Cooperman says the Fed made a mistake cutting rates: 'You're screwing the savers'
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Read more:
US existing home sales rise to 17-month high in August
A decline in mortgage rates throughout much of the summer has helped buyers.Read more:
The CEO of Pimco, which manages $1.8 trillion, says the US economy will slow to just 1% growth
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Read more:
US weekly jobless claims rise less than expected
The data pointed to strong labor market conditions that should continue to support a moderately growing economy.Read more:
Powell: Low rates abroad a sign of weak global growth
Federal Reserve chairman Jerome Powell holds a press conference after the Fed's decision to cut rates by 25 basis points.Read more:
Powell doesn't see the Fed ever using negative interest rates, even in times of crisis
Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.Read more:
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