News

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

Fed grappling with impact of tariffs as it ponders rate decisions, Goolsbee says

Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with understanding ...

Stock market today: Dow, S&P 500, Nasdaq rise as Fed rate cut bets surge after inflation data

US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...

Home equity rates dip as hopes of a Fed September slash strengthen

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

World equities hit record highs, US yields fall on optimism for Fed rate cut

An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by ...

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

Fed has luxury to wait on rates while labor market remains solid, Atlanta Fed's Bostic says

If tariffs result in a short-term price shift, then the Federal Reserve shouldn't respond to tariffs, Atlanta Fed President ...

Dollar extends weakness as anticipation mounts of Fed interest rate cut

The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...