By Michael S. Derby, Ann Saphir NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central ...
Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate ... as it makes the US a more attractive place for international investors to park their money. When inflation falls ...
"What's driving the slower rate-cut path is stronger economic growth and lower unemployment." "Also driving the slower rate-cutting path is higher inflation this year and next year." "Also closer to ...
Treasury yield remained little changed on Friday as investors anticipated the release of a key inflation gauge.
Yesterday’s adjustment in the “hawkish cut” on interest rate policy from the Fed seems to have caught market participants off guard. The Dow was gouged to the tune of -1123 points (-2.6%) while the ...
President-elect Donald Trump has a mandate to implement populist policies, but like President Biden, he is inclined to ...
It's the holiday season, but the stock market's festivities have been anything but cheerful this week. At the week’s start ...
The overnight moves followed a mixed session on Wall Street. The Dow dipped 0.25%, or nearly 111 points, falling for an ...
As the year comes to a close, the average 12-month CD rate comes in at 1.84% as of Nov. 18, according to government data.
Saylor is convinced that bitcoin is capital, not currency, and would like to see the whole world adopt the U.S. dollar as ...
The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest ...