Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
Federal Reserve Chair Jerome Powell spoke in Dallas Thursday about the economic outlook. You can watch his appearance here. (His remarks start around the 19-minute mark) ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...