Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence ...
Stock market today: Wall Street down again early Friday, on track for third losing week in last four
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...
The stock market's "Trump bump" that followed his victory over Vice President Kamala Harris in last week's election appears to be coming to an end.
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Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, joins CNBC's 'Closing Bell Overtime' to discuss ...
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
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Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
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