However, Powell told reporters that those concerns are misguided and said that economic growth remains solid and the PCE, the ...
The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target.
The FOMC said that "in recent months, there has been a lack of further progress" on lowering inflation to the Fed's 2% goal.
Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
The Senior Citizens League keeps raising its forecast for Social Security's 2025 cost-of-living adjustment (COLA).
U.S. stocks are falling Tuesday after the latest hotter-than-forecast reading on the economy raised more worries about ...
US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest ...
U.S. stocks are falling Tuesday after the latest hotter-than-forecast reading on the economy raised more worries about ...
U.S. stocks are slipping Tuesday after the latest hotter-than-forecast reading on the economy raised more worries about ...
US stock futures advanced as traders took comfort from the Federal Reserve’s signal that there’s no plan to raise interest rates and looked ahead to Apple Inc.’s upcoming earnings. S&P 500 contracts ...
Asian shares are trading mixed after most U.S. stocks slipped on rising expectations interest rates may stay high for a while ...
U.S. stocks are slipping Tuesday after the latest hotter-than-forecast reading on the economy raised more worries about ...