U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week’s ...

Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.

US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previous day.

Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...

Photo: Annabelle Gordon/Reuters Take the Federal Reserve’s projections from September and throw them into the trash. The path forward for rates is now highly uncertain. The Fed cut rates by a ...

Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the economy’s strength, and that the Fed would be "watching carefully" to make ...

In other words, while the Fed is cutting right now, it might have to cut at a slower pace,” Rajan said. That’s to make sure inflation doesn’t stall, but keeps coming down. There’s a lot ha ...

“The point is to find … the right pace and the right destination as we go.” The Fed’s benchmark rate now sits between 4.50 and 4.75 percent. Interest rate cuts trickle through the ...

Yet the Fed’s future moves are now more uncertain in the aftermath of the election, given that Trump’s economic proposals have been widely flagged as potentially inflationary. His election has ...

For now, the US presidential election results haven’t shifted the Federal Reserve’s plans. As widely expected, the central bank cut the federal-funds rate by 0.25 percentage points to a target ...

The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the job market as well as fighting inflation, which now barely exceeds the ...