Expectations for the next interest-rate reduction are being brought forward after the stock market’s big selloff at the start of the week. Investors had penciled in June as the most likely moment for ...
Despite the fastest drop into correction for the S&P 500 since the pandemic, traders aren’t yet looking to the Federal Reserve for support. The next interest-rate decision is on Wednesday, and the ...
Federal Reserve Chair Jerome Powell says the combination of weaker growth and higher inflation in the Fed’s new economic projections “cancel each other out,” when asked about the unchanged expectation ...
And the University of Michigan reported a sharp increase in inflation expectations. President Donald Trump says the U.S. is going to start offering a “gold card” — a new type of visa for ...