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Futures on Wall Street continue to trade with losses after benchmark indices gave up all of Monday's gains during Tuesday's ...
The Federal Open Market Committee now sees inflation staying elevated longer than previously estimated, while the economy is expected to grow more slow ...
Jefferies's chief U.S. economist, Thomas Simons, has come out with a critical take on the Federal Reserve's economic projections and communication style, saying that the overall messaging "is clear as ...
Federal Reserve Chair Jerome Powell wasn't sounding less uncertain about the economic outlook, said Cindy Beaulieu, chief investment officer Conning North America. That contradicted the Fed's statemen ...
Federal Reserve Chair Jerome Powell, in his news conference, has sounded pretty comfortable with the state of the economy after policymakers again revised their forecasts for growth downward and for ...
The Federal Reserve on Wednesday stuck to its forecast of two interest rate cuts this year despite seeing a burst of inflation coming in the next few months from higher tariffs. In an updated forecast ...
It is “somewhat surprising” the Federal Reserve still projects two interest-rate cuts this year while revising its inflation expectations higher, according to Seema Shah, chief global strategist at ...
Federal Reserve leaders are closely divided on how many reductions in interest rates they will make in 2025. Ten top officials see two or more rate cuts this year, while nine see one or fewer, ...
Coinbase's stock was powering up 15.7% toward a four-month in recent trading, enough to pace the S&P 500's gainers, as the cryptocurrency exchange appears to have been swept up in the hot stablecoin ...
Fed Chairman Jerome Powell brushed off the latest salvo from President Trump, who attacked the central bank chief Wednesday morning for not cutting interest rates. "I am not thinking about that," ...
Fed chief Jerome acknowledges hiring has slowed and the unemployment rate has crept higher, but he said the labor market is still in good shape. "You can see perhaps a very slow, continued cooling, ...
U.S. stocks were little changed in the final hour of trading on Wednesday, after the Federal Reserve still penciled in two interest-rate reductions by the end of 2025 but said it sees inflation rising ...
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