The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
WASHINGTON—Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...
With an economy this strong, why rush to cut interest rates? Why it matters: The Fed sees a fundamentally sound economy, with ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week’s ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.
Federal Reserve Bank of Boston President Susan Collins said Friday she wants to see more data before deciding whether the ...
When Trump won the 2016 election, the stock market went on a tear as investors responded favorably to the prospect of tax ...
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...