Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
But economists at the city comptroller’s office believe that when the job numbers are revised in March, they will show more jobs in finance and other sectors. They also expect that Wall Street and the ...
Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal ...
Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair ...
The MOVE index, a similar metric for interest rates, has plummeted since America’s presidential election. Such benign ...
The market's future may be uncertain, but that doesn't mean you can't prepare. By beefing up your emergency fund, investing consistently, and ensuring you're only investing in healthy companies, you ...
The Fed has now cut interest rates three times since September due to a decline in the rate of inflation and some modest weakness in the jobs market. Lower rates are usually good for stocks for a ...
Crude oil markets are heading to 2025 in a largely bearish mood on familiar concerns of oversupply, lackluster demand and a ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in ...
The Federal Reserve's preferred inflation measure showed prices rose less than expected in November, a welcome sign of ...
The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...