The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
U.S. stocks are falling toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
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%.
October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as ...
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...