Friday's bigger-than-expected drop in retail sales for January has prompted traders to nudge up their expectations for 2025 rate cuts by the Federal Reserve to as many as two. After the retail-sales ...
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Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
The Federal Reserve has “zero reason to cut interest rates right now,” writes Paul Stanley of Granite Bay Wealth Management ...
The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept ...
House Financial Services Committee Chair Rep. French Hill, a Republican from Arkansas, began Wednesday’s hearing by ...
Franklin Templeton has announced the launch of FOBXX, its tokenized US government fund, on Solana, expanding the company's ...
Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
Fed Chair Powell adds that the Fed wants to keep policy restrictive “for now.” Powell is giving testimony to the House Financial Services ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...