Despite good economic news, experts warn the pain’s not over yet
The return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
8 Things to Know Before You Invest in Gold
"What should people know before investing in physical gold, ETFs or mining companies is that while each form of investment is ...
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
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The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
Stocks Slide as Volatile Session Continues
The Dow’s afternoon gains faded as a volatile session for the stock market rolled on. The blue-chip index was down 18 points, or less than 0.4%, after trading higher. The S&P 500 was down 0.4%. The ...
US inflation data cemented big cut for one Fed official, dissent for another
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
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US Fed dissenter calls for 'measured' pace of rate cuts
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move ...
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Stock market today: Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...