Stocks have defied even the most bullish forecasts since bottoming in October 2022, with the S&P 500 returning roughly 65 percent in that span. To strategist Tom Essaye, who writes the Sevens Report, ...
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Federal Reserve Chair Jerome Powell reiterated a firm stance on the central bank's monetary policy path on Wednesday, ...
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
Powell testified for more than two hours before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Four years after blasting United States fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation blowout in a generation, former Treasury Secretary Lawrence Summers ...
Four years after blasting US fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation ...
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...