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 ...
Oil settles down 2% at the weekend on weaker Chinese demand, uncertainty over Fed rate cut
Oil prices settled down more than 2% on Friday night as investors fretted about weaker Chinese demand and a potential slowing ...
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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 ...
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.
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 ...
The Fed may slow the pace of rate cuts next year, says Morgan Stanley Wealth's Ellen Zentner
Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, joins CNBC's 'Closing Bell Overtime' to discuss ...
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 ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy 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 ...