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The rescissions package pulls back nearly $8 billion in funding for foreign aid, and roughly $1 billion in funding for public ...
President Donald Trump has signed a bill to cancel about $9 billion that had been approved for public broadcasting and ...
Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, 10-year bond yields increased, hitting a high of 4.8% in January, according to ...
Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already ...