A December Fed rate cut is uncertain after Chair Jerome Powell said that interest rates would come down slowly.
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...
Boston Fed President Susan Collins said Friday that she doesn't think a December rate cut is a "done deal." Collins made the comment in an interview with the Wall Street Journal. In a subsequent ...
Stocks moved lower in early trading Friday, putting major indexes on pace to post weekly losses, as the election-fueled rally ...
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
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 ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...