Phillips curve is probably one of the best-known relationships in economics. Traditionally, it links the rate of unemployment ...
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.
The Federal Reserve didn’t just cut interest rates at its September meeting. It cut BIG, opting for a 50-basis point move.
Canada's main stock index was essentially unchanged Friday, while U.S. markets were mixed to end the week, with the Dow eking ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, ...
The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest ...
A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a ...
The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.
The yield curve inverted in 2022 as the Fed hiked rates and shorter-maturity bonds outearned longer-maturity bonds, but in ...