Federal Reserve official says Central Bank is not influenced by politics
Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
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Dollar notches weekly gain as traders reassess rate cut expectations
The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...
The Trump Stock Market Bump Is Coming Down
The stock market's "Trump bump" that followed his victory over Vice President Kamala Harris in last week's election appears ...
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Wall Street’s Post-Election Market Euphoria Is Cooling Down
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on ...
Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Treasury Yield Surge Draws Buyers After 10-Year Tops 4.5%
The highest Treasury yields in months — reached Friday after a batch of strong economic data cast additional doubt on whether ...
Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...