Federal Reserve Chair Jerome Powell says the combination of weaker growth and higher inflation in the Fed’s new economic projections “cancel each other out,” when asked about the unchanged expectation ...
More Federal Reserve officials are uncertain about the outlook for the unemployment rate, and see risks to the labor market increasing. In the central bank's "dot plot," of economic projections, a cle ...
Turkish assets fell sharply Wednesday, after police detained Istanbul mayor Ekrem Imamoglu, a rival of President Recep Tayyip ...
The Federal Reserve's decision to slow down the pace of reducing its Treasury holdings to $5 billion a month in April fits with its concerns that the debt-ceiling standoff might disrupt interest-rate ...
Growth and consumer spending are “moderating a bit” and job creation is healthy, but inflation is starting to move up and ...
Federal Reserve Chair Jerome Powell opened his press conference by saying the economy is strong, but consumer spending is moderating and uncertainty is “unusually elevated” as the new White House ...
Here's a look at how asset prices are reacting to the Fed's decision to hold interest rates steady: ...
Originally recorded as a movie soundtrack, the funk band’s sixth album attained a life of its own thanks to its pioneering ...
The Federal Reserve left interest rates unchanged, as expected Wednesday, and updated its economic projections. Specifically, ...
The FOMC is expected to keep interest rates at current levels as concerns about economic uncertainty grow. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 50 ...
Officials said they expect GDP growth of 1.7% in 2025, down from their December projections of 2.1%. They also indicated they ...
The school faces a deadline to yield to administration demands, with $400 million in federal funding at stake.