Markets are moving quickly to price in lower odds of an interest rate cut from the Fed in December. "A further reduction in ...
Even though inflation is currently running 3% annually, well above the Fed’s 2% goal, there have been signs that some of the ...
Federal Reserve Board Chairman Jerome Powell announced on Wednesday that the Federal Open Market Committee will slash ...
The Federal Reserve announced an interest rate cut of a quarter point, the second one this year. MSNBC Senior White House ...
Some policymakers have expressed caution about lowering rates further, while President Donald Trump and his recent appointee have pushed for steep cuts.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.
Treasury yields rose further Wednesday after Federal Reserve Chair Jerome Powell said that an interest-rate cut in December was not guaranteed. The comment surprised traders, who have been betting ...
The Federal Reserve cut interest rates for the second consecutive time, despite little recent visibility on economics data ...
The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.