Fed officials

Fed ‘dot plot’ suggests central bank will cut interest rates one time in 2024, down from three cuts in March

Business
Jessica Roberts

The Federal Reserve signaled Wednesday it would lower interest rates just one time this year, down from the three cuts the central ...

Fed expected to dial back 2024 rate calls after digesting new inflation data

Business
Jessica Roberts

Investors are bracing for Federal Reserve officials this afternoon to dial back estimates of interest rate cuts in 2024. Before policymakers go ...

Stocks take leg lower after Fed minutes with Nvidia earnings on deck

Business
Jessica Roberts

BuzzFeed (BZFD) stock surged as much as 83% in early trading on Wednesday after former Republican presidential candidate Vivek Ramaswamy disclosed a ...

Dow closes above 40,000 for first time to cap winning week for stocks

Business
Jessica Roberts

US stocks ticked upward Friday as the Dow Jones Industrial Average (^DJI) closed at 40,000 for the first time ever. The Dow ...

Confounding US economic, inflation data muddy Fed’s rate path

Business
Jessica Roberts

By Howard Schneider (Reuters) – The Federal Reserve’s latest financial stability report was good news for anyone worried that a record run ...

Europe Stocks Steady, Asia Gains Ahead of US Data: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks futures were steady, while Asian equities gained ahead of the Federal Reserve’s key inflation metric that will help ...

Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse

Business
Jessica Roberts

(Bloomberg) — The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the ...