To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023, with the rate ...
The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease ...
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Trump's escalation in his trade war briefly pulled the S&P 500 more than 10% below its record set last month. The ...
Wall Street got some relief after an encouraging report said inflation slowed last month by more than economists expected.
The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread ...
Wall Street rose on Friday, but only after careening through another wild day. It was a fitting ending to a brutal week of ...
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration ...
U.S. stocks are rising, but only after careening through another wild day. The S&P 500 rose 0.2% Friday after flipping between earlier gains and losses. It’s a fitting ending to ...
Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the ...
U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, ...
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