Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Fed policymakers on Wednesday held open the door to a go-slower approach, in the face of data showing the labor market ...
Powell's comments come as investors seek hints of the Fed's intended easing path after a 25 basis point cut last week.
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...