Stocks surrendered early gains and closed lower after the White House said President Trump would impose promised tariffs on ...
The U.S. dollar advanced against major currencies on Friday, while the Canadian dollar weakened and the Mexican peso edged ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving ...
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...