The S&P 500 index inched closer to the 6 000 mark and the Dow gained on Friday, as a sweeping Trump victory powered bets of a business-friendly agenda and ...
As counting continues, the president-elect's party is just three seats short of a majority in the House of Representatives ...
At its previous meeting in September, the Fed cut the rate by half a percentage point for the first time in four years as ...
Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...
U.S. stocks are coasting to the close of their best week in a year with some modest moves on Friday. The S&P 500 was 0.3% higher in afternoon trading and on track for its biggest weekly gain since ...
"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.
Investors will focus in the coming week on whether inflation trends can help sustain the record-breaking stock rally that has ...
LaVorgna instead advocated the Fed hold off until it can get a clearer picture of a muddied economic landscape with ...
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis ... pulling back on the high ...
Fed Chair Jerome Powell on Thursday declined to speculate on the impact the new U.S. administration will have on monetary ...