Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.
Bond yields are hitting levels that signal markets are concerned that, even if the economy continues to grow, it could lead ...
Inflation remains stubbornly above the Federal Reserve’s 2 percent target. Yet, instead of maintaining a firm stance at its ...
Futures traders currently assign a probability of just under 80 percent that the Fed will make no more than two quarter-point ...
Traders’ question whether the Bitcoin “Trump trade” is running out of steam after this week’s macroeconomic developments ...
World shares are mixed as the U.S. stock market remained closed to observe a National Day of Mourning for former President ...
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are ...
Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...
Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts, though only ...
Fourth week of higher rates comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data ...
Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic.
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
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