The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's key inflation rate is still elevated but kept up its two-month streak of good readings. S&P 500 futures ...
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in ...
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some ...
Investors are widely expecting the Fed to hold its benchmark interest rate at the current level again, extending a pause in its rate-cutting cycle as markets keep a watchful eye out for whether ...
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give ...
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy ...
Corporate bond issuance is rising, with issuance increasing around 30% in 2024 compared to 2023. Read more here.
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...