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 ...

All eyes are on vote counts in pivotal U.S. House races Friday as both political parties hope to seize control of the lower chamber for 2025. Advocates say messages referencing slavery sent to Black ...

"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.

Furthermore, a new administration raises the possibility of changing personnel at the Federal Reserve, which is walking a fine line controlling inflation and maintaining stability in the financial ...

Chair Jerome Powell said the election outcome would not have a “near-term” impact on the monetary policy, easing some ...

LaVorgna instead advocated the Fed hold off until it can get a clearer picture of a muddied economic landscape with ...

US equities were mostly higher, bolstered by a $30b inflow this week. US households held 48 per cent of their financial ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...