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Economy
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve’s…
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Finance
Stocks making the biggest moves premarket: Nike, Core Scientific, Pony.ai and more
Check out the companies making headlines before the bell. Nike — Shares of the sneaker giant jumped 10% after Nike…
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Finance
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
Chairman of the US Federal Reserve Jerome Powell speaks alongside Michelle Bowman (L), Board Vice Chair for Supervision, Lisa Cook…
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Finance
Watch Fed Chair Jerome Powell testify live before Senate banking panel
Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as…
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Finance
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary…
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Finance
Watch Fed Chair Powell testify live on interest rate policy before House committee
[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player…
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Economy
Fed Governor Bowman favors July interest rate cut if inflation stays low
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets…
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Finance
Fed Governor Waller says central bank could cut rates as early as July
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be…
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Finance
Fed holds key rate steady, still sees two more cuts this year
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth…
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Finance
Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday
With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted…
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