The tech-heavy Nasdaq Composite ( ^IXIC) was down about 0.5%, retracing some of a bounce-back rally on Tuesday. The S&P 500 ( ...
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Part of Powell’s reticence on the Fed’s path forward stems from the high degree of policy uncertainty. Most importantly, ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
The Federal Reserve announced Wednesday that it would maintain its federal funds target range at 4.25% to 4.50% despite ...
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Eyes on US Fed; US data starts to react to Trump distortions; Canada trims rate; Russia PPI inflation jumps; Aussie inflation ...
The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent. Here is the text of the central bank’s decision: The Bank of Canada ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...