The U.S. economy is in better balance, which will allow inflation to continue on a gradual path to the Fed’s 2% annual-rate target, New York Fed President John Williams said Thursday. “I ...
Financial markets and the U.S. Federal Reserve remain in disagreement on a subject crucial to asset prices and economic growth: how low interestrates will eventually go. Betting against the ...
Interestrate cuts have been the main focus for Wall Street ever since the end of last year, when Federal Reserve officials indicated they intended to lower rates. But stubborn inflation now ...