Joseph Sternberg wonders what the Federal Reserve is thinking (“Does the Fed Even Know What It’s Trying to Do?” Political Economics, Dec. 20). The problem is that the Fed believes it knows what it is doing, even when it is off the mark. Fake ...
Here’s how the Fed’s latest move will impact your borrowing costs
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the government showed that prices rose just 0.
The Federal Reserve's policy committee kicked off its two-day meeting Tuesday amid expectations the central bank will cut interest rates for the third straight time. Here's what you need to know.
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and rate cuts. Economists expect that the average prediction will be three rate cuts in 2025, fewer than were expected when they last published their expectations in September.
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Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.
Last week, the Federal Reserve reduced interest rates by 0.25 percentage points, marking the third consecutive rate cut. The move was largely expected, but what I find interesting are the
The two companies continue to tick items off their year-end to-do list, which analysts hope will tee up the merger for finalization in early 2025. Regulatory approval remains a major question.
Gerard Cassidy, RBC Capital Markets managing director, joins 'Closing Bell Overtime' to talk possible risks for bank stocks, the impact of the Federal Reserve in 2025, and more.
Recent reports from the Federal Reserve and S&P Global have torpedoed the White House's narrative of a manufacturing renaissance under President Biden's watch. The administration celebrated October as "Manufacturing Month,