Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...
The Fed pared its forecast to 1 rate cut in 2024 despite Wednesday's CPI report which showed a further inflation slowdown.
Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a ...
The Federal Reserve announced it would maintain the federal funds rate range at 5.25% to 5.5%, where rates have held steady ...
Big tech, not the Federal Reserve, is once again driving the rally across U.S. equities, offering hope to some investors that ...
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 Fed on Wednesday held key interest rates steady and said one interest rate cut is possible before year's end.
The Fed’s decision to keep interest rates higher for longer than expected is also sowing uncertainty around the world, while ...
The Federal Reserve can influence home mortgage rates, but that’s not the only factor in the state’s housing affordability ...
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. His ...
Shares are set to head higher in Europe on Tuesday ahead of a raft of global interest-rate decisions, and as worries over political risks in France ease. In Asia, stock benchmarks were mostly higher; ...