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 ...
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
Oil prices fell over 1% on Wednesday, retreating for a third straight day on expectations the Federal Reserve might keep U.S.
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls ...
Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest ...
Its current size is about $7.3 trillion, with the Fed in May announcing plans to dial back how much its balance sheet shrinks ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...