Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Federal Reserve Powell Jerome Powell reiterated his stance that the central bank will need to remain patient and see further ...
US stocks closed mixed Monday while a meme stock rally was reignited following a string of recent market gains. Investors ...