San Francisco Fed president Mary Daly says a Fed rate cut is getting closer.The FOMC held rates at 4.25%4.50% last week, a ...

San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...

Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...

"Inflation, absent tariffs, has been gradually trending down, and with a slowing economy and ongoing restrictive monetary ...

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

The S&P 500 Index ($SPX) (SPY) today is up +0.48%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.39%, and the Nasdaq ...

Federal Reserve Bank of San Francisco President Mary Daly says Fed policymakers will probably need to adjust interest rates ...

Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted late on Wednesday that despite overall progress, the Fed still has some ground to cover on its fight with inflation pressures, and ...

WASHINGTON (Reuters) -Less than a week after deciding against an interest-rate cut, some Federal Reserve policymakers are ...

Wall Street and world stocks are at record highs, U.S. high yield corporate bond spreads are the tightest since before the ...

San Francisco Fed President Mary Daly said lately that the Federal Reserve may need to cut interest rates in the coming months due to a weakening labor market, despite near-term inflation pressures ...

The dollar fell to a 10-day low against a basket of currencies as Trump’s sweeping tariffs took effect and markets bet on more U.S. rate cuts.