Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
In short, the Fed is seeing the best of both worlds: an economy growing steadily with inflation headed toward its target, ...
Traders Maintain Rate-Cut Bets Despite Powell’s Hawkish Tone
Federal Reserve Chair Jerome Powell might not be in a rush to cut interest rates but traders aren’t taking that as much of a ...
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
Gold may hit new record next year as Fed reduces rates, Macquarie says
Gold futures fell Thursday as U.S. Treasury yields firmed after the release of weekly jobless claims data, while markets ...
South African rand firms as markets look to Fed rate cut
South Africa's rand strengthened on Thursday on expectations of an interest rate cut by the U.S. Federal Reserve later this ...
Powell Addresses Shadow Chair Proposal, Reiterates the Fed Isn’t in a Rush to Cut Rates
Speaking at a summit Wednesday afternoon, Powell also reiterated recent remarks that the Fed is in no rush to further lower ...