A top Federal Reserve official has called for interest rates to stay on hold for an “extended” time, saying lowering ...
Speaking at a forum Tuesday, Neel Kashkari reinforced rate cuts this year seem unlikely despite predictions for them at the ...
Various participants mentioned a willingness to tighten policy further should risks to inflation materialize in a way that ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.
Even the CBO’s wildly optimistic budget estimates predict deficits and interest expenses will soar, even without a recession.
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them. By Jeanna Smialek Investors do not expect ...
The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, spawns a self ...
US stocks waded in the red on Wednesday, after a spike in Treasury yields unsettled investors already weighing whether recent ...
The S&P 500 Index ($SPX) (SPY) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.49%, and the Nasdaq 100 Index ($IUXX) (QQQ ...
The monetary policy committee (MPC) will keep the 6.5% repo rate—the rate at which the central bank lends to banks—unchanged ...
The Commerce Department’s measure of personal consumption expenditures prices is expected to show inflation in April running ...
Interest rates have stabilized as a "Higher For Longer" scenario becomes increasingly likely due to stubborn inflation. The ...