WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...
The FOMC meets today, amid fading hopes that it will cut rates three times this year. How will this impact mortgage rates and ...
US policymakers are widely expected to hold rates steady at a more than two-decade high this week, so much of the focus will ...
Despite hot inflation data, earnings reinforced the promise of artificial intelligence. This week is packed with earnings, ...
In other words, Friday’s data showed that the case for disinflation remains intact. Unfortunately, it may take some thick ...
The Federal Reserve paused interest rates again Wednesday while also noting more inflation progress is needed before cuts can be enacted.
Wednesday was choppy on Wall Street as traders studied the latest Fed decision and Chair Jerome Powell’s press conference.
As of March, the number of employed foreign-born workers set a fresh record high of 31.1 million people, BLS data showed. The ...
A RISE IN UNEMPLOYMENT WOULD HAVE TO BE MEANINGFUL FOR US TO REACT. Powell: "A couple tenths" of an increase in the ...
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press ...
The US central bank, known as the Fed, has again kept interest rates high - at 5.25% to 5.5%. It comes despite the bank ...
They think it’s a bumpy road still.” Powell’s colleagues on the Federal Open Market Committee (FOMC) see no urgency to lower ...