When EU officials travelled to Washington recently, the US Federal Reserve Chair Jerome Powell showed them a chart showing ...
Wall Street's major indexes experienced their most significant single-day decline in two weeks, driven by concerns over a ...
The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...
Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Earlier this week, Fed chair Jerome Powell said the central bank was in 'no hurry' to cut rates, in part because of ...
Stocks turned lower in afternoon trading, and that pressure continued through Friday. The S&P 500 fell as much as 1.6%, and ...
The Canadian dollar sank below 71 cents U.S. Friday for the first time since mid-2020, breaching a level that some analysts see as a “psychological barrier” and bringing a sub-70 cent loonie closer ...
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Bitcoin dropped nearly 3% after Federal Reserve Chair Jerome Powell signaled that further rate cuts may not be forthcoming, ...