Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Asian shares are mostly higher after U.S. stocks slipped as the market’s rally following Trump’s election victory continued ...
U.S. Treasury yields rose on Friday as investors digested Federal Reserve Chair Jerome Powell’s latest comments and await ...
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's ...
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%.
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...