Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.
but he underscored officials should keep policy “moderately restrictive” while price growth remains above the Fed’s 2% ...
"Unless the Fed dramatically accelerates its pace of rate cuts, it'll still be a while before these reductions add up to ...
Traders remain confident that another quarter-point rate cut is coming in December, even if they are less sure about what will happen in the first half of 2025. The market is pricing in an 82% chance ...
but gave no steer on how many more rate cuts he feels may be appropriate. The Fed's confidence that inflation is on path ...
Consequently, the average rate on a 30-year mortgage hit 6.79% as of November 7, above the 6.2% registered a week before ...
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last ...
Given the surge in post-pandemic inflation, the fact that headline inflation now sits just a tenth of a percentage point away ...
Kashkari also addressed questions on the hypothetical scenario of Trump attempting to push out Fed Chair Jerome Powell if he ...