The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate ...
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in ...
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress ...