The Federal Reserve is done with rate cuts for the "foreseeable future" and its next move could even be to hike, Dan Ivascyn, chief investment officer at bond-fund giant Pimco told the Financial Times ...
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the ...
Get the latest on U.S. job market trends and the changing financial market landscape in relation to Federal Reserve policies ...
The Dow Jones Industrial Average fell 0.4% in early trades Wednesday after mixed jobs data. Nvidia was slightly higher after suffering a huge drop on Tuesday. The S&P 500 fell 0.4% while the Nasdaq ...
President Joe Biden will deliver remarks on Friday’s December jobs report at 5 p.m. Eastern. Unemployment fell from 4.2% to 4.1% in December, with 256,000 jobs added, blowing expectations out of the ...
Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given ...
Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect Trump's immigration and tariff policies on inflation. The Fed's ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs ...