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The S&P 500 (^GSPC) flirted with all-time highs but ended the day nearly flat, just shy of its record level. Nvidia shares ...
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to '3 or 4 people' ...
At May's sales pace it would take 9.8 months to clear the supply of new houses on the market, the highest since September ...
The Fed's interest on reserves tool, now set at 4.4%, binds the top end of the federal funds rate, while the reverse repo ...
Futures pricing now sees some 60 basis points of cuts by year-end and the so-called "terminal rate" in the Fed's easing cycle ...
Powell’s testimony, as is usually the case with his semiannual congressional appearances, largely tracks the central bank’s most recent policy statement, approved last week. Fed officials voted ...
BlackRock Credit Allocation Income Trust offers a high 9.4% yield and trades at a discount to NAV. Find out why BTZ is a Hold ...
The decision to hold off on rate cuts earned Powell the ire of President Donald Trump. Since retaking office, Trump often ...
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...
Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and ...