Wall Street’s Post-Election Market Euphoria Is Cooling Down
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on ...
Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...
Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Crain's Cleveland Business2h
Former Fed economist talks risks to NEO's post-election economy
“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...
Stocks Fall After Fed Comments, Strong Retail Sales Data
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month. “It’s ...
Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills
Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their grocery ...
Crain's Chicago Business3h
'Rates will be a lot lower’ in 12-18 months, Goolsbee says
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
What The Republican Sweep Means For The Economy
The Republican sweep of the 2024 election sets the economy on course for potentially faster economic growth, higher inflation, and higher interest rates in the years to come, according to several ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...