A divided Fed sees more rate cuts ahead this year
Digest more
Federal Reserve Governor Christopher Waller said on Friday that private data shows the job market remains weak and buttresses the case for further interest rate cuts, but added the U.S. central bank need only move in "cautious" quarter-percentage-point steps as it evaluates the economy.
A Thursday speech from Federal Reserve governor Michael Barr was the latest reminder that coming rate moves may face opposition on both sides. Speaking to a group of economists in a Minneapolis suburb,
US stocks marched higher on Wednesday as Wall Street returned to rally mode while investors digested the latest Federal Reserve minutes to provide hints to future policy amid a shutdown-driven dearth of data.
By Anushree Mukherjee and Anmol Choubey (Reuters) -Gold prices rose on Friday and remained on track for an eighth successive weekly gain, buoyed by expectations of a U.S. Federal Reserve rate cut this month,
The Federal Reserve and global peers appear set to keep cutting interest rates in the remainder of this year, carrying on where much of Europe has left off.
The Federal Reserve is a house divided on how aggressively to cut interest rates — and a fresh recap of their last meeting could give Wall Street more clues on just how divided they are.
Key economic data have gone dark during the shutdown, just as the Federal Reserve prepares for its next rate decision. Could it change what happens next?