Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies. It remains to be seen how deep the job cuts will go, but those offered ...
U.S. stocks were edging lower on Friday, as investors waited on a monthly jobs number that could help determine if the Federal Reserve has any scope to cut interest rates this year. The Bureau of ...
Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from ...
Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Hint: You might want to pay down your debts more aggressively.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...