Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Whether you’re cleaning your kitchen after a big meal or finishing a painting project, it can be tempting to pour just about ...
And one key reason for the quick market bounceback was the quantum leap in generative AI represented by the launch of ChatGPT ...
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority of economists polled by Reuters, as policymakers digest an expected ...
As Donald Trump prepares to take office as the 47th president of the United States, rumors have emerged about a potential strategic reserve including US-based cryptocurrencies and not just Bitcoin.
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
Copyright 2025 The Associated Press. All Rights Reserved. The Marriner S. Eccles Federal Reserve Board Building in Washington, Nov. 18, 2024. (AP Photo/Jose Luis ...