The latest findings by the so-called Beige Book dovetail with comments by Fed Chair Jerome Powell on Wednesday. Powell told Congress a few hours before the report that “what we are seeing so far ...
Beige Book bolsters hope for quarter-point Fed rate cuts in November and December. The rally in the DXY stalled after the ...
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
Several Fed officials, including chairman Jerome Powell, cited the dour Beige Book outlook as one of their reasons for cutting the benchmark borrowing cost by 50 basis points to the 4.75%-5% range ...