Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
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 ...
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...
The S&P 500, Nasdaq and Dow all fell for the week, while pharmaceutical stocks slid after Trump picked anti-vaccine activist ...
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
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.
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...