The Nasdaq and S&P 500 were set for their biggest daily losses in over two weeks on Friday, after Federal Reserve Chair ...
Major averages slid Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving stocks ...
The DXY's rapid surge to yearly highs above 107.00 was met with swift profit-taking, indicating a potential shift in market sentiment. The retreat suggests that buyers may have been overextended and a ...
The Mexican Peso recovered some ground against the US Dollar during the North American session, shrugging off Moody’s ...
Asian shares are mostly higher after U.S. stocks slipped as the rally following Trump’s election victory cooled further ...
Richmond Fed President Tom Barkin said Friday that he expects inflation will continue to drop into next year—stickier ...
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.
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...