A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...
Both voted for the Fed's December decision to trim its key short-term Federal Funds Rate to a range of 4.25% to 4.5%. In ...
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
Here are five key things investors need to know to start the trading day: 1. Back in action. Many U.S. financial markets were ...
Most signs have pointed to slow but respectable growth at the end of the year: The median estimate of economists surveyed by ...
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one ...
United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...
Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.
At least four Federal Reserve officials are speaking Thursday, including Federal Reserve Bank of Boston President Susan ...