U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
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.
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 ...
U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.