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Wall Street's main indexes posted record-high closes on Thursday, a day after the U.S. Federal Reserve delivered a ...
The Federal Reserve approved a quarter-point interest rate cut on Wednesday, the first time it had done so since December ...
CEO Ken Peavy of Montgomery-based Paramount Wealth Management believes in Powell, and says the decision was the right one.
The Fed cut rates Wednesday, resisting Trump’s push for deeper cuts, but looming legal and political battles — including a Supreme Court case — could test its independence.
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
The Justice Department urged the Supreme Court on Thursday to put President Trump’s firing of Federal Reserve Gov. Lisa Cook ...
In the near term, risks to inflation are tilted to the upside, and risks to employment to the downside — a challenging ...
Trump last month tapped Miran — who currently leads the White House Council of Economic Advisers — to fill the seat vacated by Federal Reserve Governor Adriana Kugler, following her resignation in ...
Federal Reserve Chairman Jerome Powell would be forgiven for thinking he was handed a third dimension to the central bank’s dual mandate of ensuring full employment with price stability.
Interest-rate projections disclosed Wednesday at the Federal Reserve's policy meeting highlight the prospect of more ...
Investors wagered $300M on the Fed’s rate cut, turning monetary policy into a prediction market spectacle with odds, payouts, ...