The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected. By Jeanna Smialek and Ben Casselman Jeanna Smialek reported from Washington, and Ben ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...
The S&P 500 Index ($SPX) (SPY) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.49%, and the Nasdaq 100 Index ($IUXX) (QQQ ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...