Investors will obsess Wednesday over whether Federal Reserve officials pencil in one or two interest rate cuts this year.For ...
The Federal Reserve is seen as likely to pencil in two cuts over its last four meetings this year, which would keep the door ...
The Fed’s favored core PCE price index, which excludes the volatile components of food and energy, jumped by 3.0% annualized in April from March (according to the Bureau of Economic Analysis today).
Fed Chairman Jerome Powell arriving for a news conference on June 12. Al Drago—Bloomberg/Getty Images Just as optimism is growing among investors that a rally in US Treasuries is about to take off, ...
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts ...
The economy continues to roll, jobs are plenty and consumers are getting a bit more upbeat. That's bad news for interest-rate-cut bets. The U.S. economy continues to defy both calls for a slowdown ...
The policymakers’ forecast for one rate cut was down from a previous forecast of three, likely because inflation, despite ...
May 28 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on ...
The U.S. stock market extended its bull market rally for another week, achieving fresh record highs for both the S&P 500 and the tech-heavy Nasdaq 100 indices. The tech sector, particularly the ...