Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will ...
A new administration may be headed to the White House, but inflation and interest rate concerns remain as sticky as ever, causing investors to pause their post-election rally.
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...