For a while, President Donald Trump insisted that he wanted lower interest rates from the Federal Reserve. But then he had an about-face last week, saying that the Central Bank’s holding interest ...
The result: Bond traders anticipate that yields will remain elevated — and range bound — until there’s a lot more clarity on where the economy is heading. “The jobs report suggest a resilient labor ...
As inflation drifts closer to a normal range by historical economic measures, investors are closely watching the Federal Reserve to gauge its future plans for lowering interest rates. The Fed– and its ...
Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...
Economists expect the consumer price index rose 2.9% last month, matching the year-over-year increase in December. The annual rate of inflation has been mostly inching higher since October. That has ...