The US economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and “over time” reach a level that is no longer holding ...
Anna Moneymaker/Getty Images Economists are watching whether the Federal Reserve can achieve a “soft landing” by bringing inflation down to its target without tipping the economy into a recession.
Federal Reserve Chair Jerome Powell on Monday said there's "growing confidence" that inflation is moving toward the central bank's 2% goal during a speech at the National Association for Business ...
BlackRock CEO Larry Fink said on Tuesday investors are wrong if they think the Fed will make massive interest rate cuts later this year because the billionaire money man believes the US economy ...
IN a decisive move aimed at preserving economic expansion, the US Federal Reserve (Fed) recently cut its policy rate by a larger-than-expected 0.5 per cent or 50 basis points (bps), bringing the ...
NASHVILLE, Tennessee, Oct 1 (Reuters) - The COVID-19 pandemic's crushing blow to global supply chains also scarred U.S. Federal Reserve officials who thought the fallout from disrupted ports and ...
You may be wondering what this top fund will do next, following the Federal Reserve's supersized rate cut last month. The move was great news, but it's important to remember that lower rates take ...
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected. During ...
The Dow fell 0.8%, or 351 points, to 41,960. The tech-heavy Nasdaq and S&P 500 dropped 0.6% and 0.5%, respectively.The remarks came less than two weeks after the Federal Open Market Committee ...
The Federal Reserve doesn't usually cut rates while corporate profits are still growing. But that's the situation we're seeing now, which Bank of America sees creating a unique opportunity for ...