Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Jerome Powell noted that the economy was not signaling any distress that would necessitate an accelerated pace of rate cuts.
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 ...
Gold extended its decline, breaking below a major trendline and reaching new lows in the $2,530s on Thursday, after a ...
The average 30-year fixed-rate mortgage in the U.S. slightly dipped to 6.78% for the week ending Nov. 14, barely changed from ...
October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as ...
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress ...
The U.S. debt load already has been on an "unsustainable path" under existing policies, creating risks for markets, according ...
Stock futures were lower Friday, putting major indexes on pace to post weekly losses, as the election-fueled rally that ...
The US Dollar (USD) declines on Friday, breaking a streak of five trading days of gains, as traders engage in profit-taking after the Trump-led rally pushed the Greenback to reach on Thursday its ...
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...