Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting in December as the U.S. economy faces a challenging combination of risks, according to the ...
Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger economic risk. By Colby Smith Colby Smith covers the Federal Reserve. Federal ...
The end of the longest-ever government shutdown wasn't cheered by investors on Thursday. Stocks ended Thursday deep in the red. The Dow Jones Industrial Average lost nearly 800 points, and investors ...
In a major shift, the market odds of a December interest rate cut have dropped to 53% from 95% a month ago Fed officials are divided on the best path for policy, with some favoring more cuts and ...
NEW YORK/LONDON, Sept 24 (Reuters) - MSCI's global equities gauge fell on Wednesday while the dollar rose and gold prices dipped, as investors digested cautious comments from Federal Reserve Chair ...
After months of speculation and market anticipation, the Federal Reserve finally pulled the trigger last week, cutting the federal funds rate by 25 basis points to 4.00 to 4.25 percent. This marks the ...
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, expressed uncertainty today about how many additional rate cuts would be needed to reach a neutral policy stance. Kashkari and ...
After repeated criticism from President Donald Trump and many economists, , the Federal Reserve Board lowered its key interest rate on Wednesday by a quarter point to a 4% to 4.25% range, the first ...
Federal Reserve Chair Jerome Powell is likely to muster a slim majority of his colleagues to support a 25-basis-point cut in interest rates on Wednesday, fueled by growing concern about the health of ...
ST. PAUL — Minnesota’s unemployment rate is the highest it’s been in nearly four years. New figures from the Minnesota Department of Employment and Economic Development, released Thursday, Aug. 14, ...
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Fox News host Sandra Smith stumped former Vice President Kamala Harris’ Senior Adviser Mike Nellis by asking him what the current rate of inflation is. The Consumer Price Index (CPI) increased by 2.7% ...