State Street says the US dollar could fall up to 10% this year if the Fed cuts rates more than expected.
WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.
The Federal Reserve's current policy rate of 3.50%-3.75% is "arguably no longer restraining activity all that much, if at all ...
Warsh’s repeated focus on the issue could shape the Fed’s policy approach going forward, wrote Wells Fargo Chief Economist Tom Porcelli. Powell has been known for “insurance cuts” — lowering rates ...
Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...
Federal Reserve policymakers left interest rates unchanged at its January meeting after cutting rates at its three prior meetings amid uncertainty over the labor market and inflation.
Friday's inflation report was a positive for U.S. stocks, but the data didn't move the needle enough to justify another Federal Reserve interest-rate cut in the months ahead. That might explain the ...
On Friday, President Donald Trump announced his nomination for the next chairman of the central bank: Kevin Warsh. In line ...