The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
Fed officials unanimously voted to raise rates at the May meeting, despite many members of the central bank voicing concerns over whether the body would be better off holding off on more rate ...
Traders have sharply downgraded their expectations since 2024 began, when they had expected up to six rate cuts.
A top Fed official said more interest rate hikes are possible if inflation continues to prove stubborn, although he doesn’t think it is too likely.
Wondering what’s in store for interest rates? Since July 2023, the Federal Reserve has kept the federal-funds rate at a target range of 5.25% to 5.50%, far above typical levels over the past decade.
Dive into the financial market outlook as Dan Kern reviews the first half of 2023 and suggests what to expect in Q3. The markets rebounded strongly following Fed rate hikes and banking stress.
The Fed held its ground on interest rates, and ruled out rate cuts till the Fed was battling the recent spike in inflation. It may be recollected that the US Fed has now kept its benchmark short-term ...
As the US economy hums along month after month, minting hundreds of thousands of new jobs and confounding experts who had warned of an imminent downturn, some on Wall Street are starting to ...
JPMorgan Chase CEO Jamie Dimon set pulses racing on Tuesday (9 April) when he told shareholders his bank was prepared for US interest rates to rise as high as 8%. Don't miss the latest investment ...
Federal Reserve Chair Jerome Powell spoke during a press conference on Wednesday following the Fed's two-day policy meeting.
The Duma, the lower house of the Russian parliament, on Monday approved the nomination of Alexander Novak as Deputy Prime Minister. On Saturday, Prime Minister Mikhail Mishustin proposed to lawmakers ...