US stocks broadly fell after Powell’s remarks. As the Fed looks toward continuing its rate-cutting cycle, the proposed policies of President-elect Donald Trump could eventually bring some ...

The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told Yahoo Finance that inflation data was the key focus for the central ...

Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: The slide comes after Powell signaled the Fed is in no rush to cut interest rates while the US economy remains on solid ...

Market watchers are eyeing the Fed's last meeting of the year in early December. Futures traders generally expect another quarter-percentage-point cut at that meeting and the Fed's next moves ...

But there was one aspect of Trump’s return to the White House that he was willing to leave as a mystery: How Trump’s proposed economic policies might affect the Fed’s expectations for a ...

Federal Reserve Chair Jerome Powell went viral on Thursday for his succinct answer to my question about whether he’d leave if President-elect Donald Trump asked him to. His reply: “No.” It ...

Still, based on the headline numbers, the Minneapolis Fed chief said he’s confident about the trajectory of inflation. “Right now, I think that inflation is headed in the right direction.

The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the economy. Inflation retreated below 4% in mid-2023, but it still hovers above the 2% target set by federal ...

But experts don't anticipate dramatically lower rates before the end of the year. Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's ...

Adam Stone writes on technology trends from Annapolis, Md., with a focus on government IT, military and first-responder technologies. Cloud is a huge part of the Office of the Comptroller of the ...

Mike Lee of Utah’s post on X calling for abolishing the Fed. “The Executive Branch should be under the direction of the president,” Lee said Thursday in a post on X, hours after Fed Chair ...

The CPI rose 2.4% in September, when the Fed ushered in a jumbo rate cut of 0.5 percentage points, followed by a second rate cut this month. The slight rise on a month-over-month basis signals ...