Articles by Matt Pressberg

Matt Pressberg covers the business of entertainment and Los Angeles for the International Business Times. He was previously a finance reporter and managing editor at the Los Angeles Business Journal, and before that worked as a private equity analyst. Matt also writes occasionally about gun violence. He is a graduate of Georgetown University and the Annenberg School of Communication & Journalism at the University of Southern California.

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Federal Reserve Chair Jerome Powell is expected to cut interest rates again next week, part of 180-degree shift in monetary policy by the US central bank

Fed Cuts Interest Rates

Fed cut interest rates in line with expectations, far less than President Trump had demanded.