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With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...
PN Economics Editor Bill Wood discusses how the Trump administration’s tariff policies have contributed to a sharp decline in ...
The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
Doubts are growing about Federal Reserve independence as President Trump's criticism of Fed chairman Jerome Powell ...
Federal Reserve Governor Christopher Waller said late Thursday that he continues to believe that the Fed should cut its interest rate target at the July meeting, citing mounting economic risks and the ...
In an interview with Bloomberg on Friday, Federal Reserve (Fed) Governor Christopher Waller said that the private sector is not doing as well as it seems, per Reuters. "Business executives say they ...
This time around, the Fed is raising rates into what is expected to be a moribund economy in 2023. Members penciled in increases for the funds rate until it hits a median level of 5.1% next year ...
The Fed on Wednesday increased interest rates three-quarters of a percentage point in its benchmark interest rate, triple its usual margin. Investors worry such aggressive action by the Fed and ...
Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would tilt dovish in 2025 after cutting its Fed Funds Rate by 1% last year have been ...
Federal Reserve Raises Interest Rates By 0.75 Percentage Point; Dow, S&P 500 Finish Higher: Fed Meeting Today Live. Last Updated: Updated July 27, 2022 at 6:17 PM.
Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted ...