Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...

Wall Street’s major averages have been rallying as the benchmark S&P 500 (SP500) crossed above the 6,000 level in the wake of ...

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

For the US stockmarket, the next couple of months could be a period of exuberance amid speculation of stronger economic ...

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...

Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do ...

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.

Bitcoin showed little sign of concern over macroeconomic minutiae as it set a new all-time high and its highest-ever daily ...

The Federal Reserve’s Open Market Committee (FOMC) did the expected, cutting the federal funds rate by  0.25%. That means the ...

The central bank continued to ease, but a new administration in Washington clouds the outlook for future policy moves.