This is today’s Morning Brief Takeaway, which you can sign up to receive in your inbox every morning along with: Despite the summer lull, the economic...
Recent ADP data and jobless claims support the “soft economy” scenario, which reinforces market expectations for a Fed rate cut as early as September of this...
The 31 large U.S. banks that participated in a Federal Reserve stress test would all be able to withstand a severe global recession, a new show...
Wall Street performed moderately in the second quarter of 2024, with the S&P 500 gaining 4.4%, the Dow Jones losing 0.8%, the Nasdaq gaining 7.7% and...
A new wave of political pressure greeted Fed Chairman Jerome Powell as he and his colleagues gathered in Washington this week discuss the direction of interest...
AMELIA ISLAND, Fla. (Reuters) – U.S. inflation data through the first few months of 2024 was “disappointing,” Fed Supervisory Vice Chairman Michael Barr said on Monday,...
By Michael S. Derby (Reuters) – Americans braced last month for generally higher inflationary pressures in the coming years and accelerating increases in home prices, according...
Jay Powell’s colleagues spent the last week supporting the central bank chairman’s stance hit home in his last press conference: Interest rates will stay higher for...
Boston Fed President Susan Collins said Wednesday that it will take longer “than previously thought” to reduce inflation, becoming the latest lawmaker to make clear that...
