Bond futures traders see a 94% chance of a quarter-point cut and a 6% chance of a larger half-point cut on Wednesday. With recent data showing a weakening labor market, analysts expect central bankers ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
WASHINGTON – Despite a recent pullback in inflation, the Federal Reserve raised its key interest rate by a quarter point Wednesday and signaled another hike is at least on the table, if not likely, in ...