The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of ...
Economists are very interested in Bessent's views on Federal Reserve independence. Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed ...
The Federal Reserve may just give investors what they want this year after all. The December inflation report, released ...
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
Wall Street's positive outlook for 2025 has been disrupted by a robust jobs report. The unexpected data has triggered a ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
Surging payrolls data and shrinking unemployment have disrupted hopes for a Fed rate cut-fueled bull market in 2025 ...
A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect ...