Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Bond ETFs slip as Fed Chair Powell waits on White House policies
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its ...
Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
Trader Mints Millions in Hours on Bond Options Bet Tied to Fed
A bond trader appears to have hit the jackpot on a one-day options bet that Treasury yields would climb Wednesday after the ...
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How the economy responds to Fed decisions is … complicated
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
Fed stands pat on interest rates, ending a string of cuts that could have boosted downtown development
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...
Fed decision live: US central bank prepares for first interest rate meeting of 2025
The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent. After a combined 1 percentage point of interest rate cuts over the central ...