The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, ...
The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.
U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one ...
“We have in recent months seen some inflation,” Treasury Secretary Janet L. Yellen said in June 2021, adding that the United ...
“My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people,” Powell said. Voting for the monetary ...
Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new Trump ...
This latest reduction in rates marked the third consecutive rate cut, following November’s 25-basis-point cut, and ...
The Bank of Japan took up the market-moving baton on Thursday, keeping rates steady as expected, but the yen weakened as ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate ...
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...
The Fed is widely expected to trim rates at the end of its December meeting. Investors are focused on policymakers’ economic projections and the path forward.