Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
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A leasing sign stands outside the five-story, 277-unit Ensley apartment complex on South Weber Street in downtown Colorado ...
Markets in Indian are poised to open with an upside, amid firm global cues, as investors track the start of the Budget ...
Even as the Fed delivered its final 2024 rate cut in December, policymakers signaled a much slower pace of cuts in 2025, pointing to persistent inflation and resilient economic growth. Now ...
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke from President Trump, as it tries to determine whether and how much ...
The fed funds rate, which influences borrowing costs on all kinds of loans, is now a full percentage point below the 20-year high where it had been held for more than a year to combat inflation.
Inflation that's "no longer dropping" and employment that's "no longer weakening" give the Federal Reserve less reason to lower interest rates from here, according to Chris Low, chief economist at ...
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food ...
Multiple economists note that the language in the Fed’s policy statement has turned slightly more hawkish. NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts The Federal Reserve held ...