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Have we seen Powell's last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary determinant of monetary policy, a signal that strong July employment figures could snuff out all bets for a September rate cut and reduce the likelihood of any further easing this year.
Gold futures slip, and are on track to end the week lower on easing safe-haven demand. Futures are down 0.3% at $3,337.70 a troy ounce. The precious metal has slid in recent days as market turns ...
Traders in the federal-funds futures market were pricing in on Friday a greater chance that the Federal Reserve cuts its benchmark interest rate in September, as they assessed a softer-than-expected U ...
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
The jobs number (nonfarm payrolls, to give its technical name) is due out tomorrow. Expect stocks to react strongly if it ...
Investors are bracing for a barrage of earnings and economic reports this week and the Fed’s latest decision on rates, due ...
Investors are awaiting the Federal Reserve's interest rate announcement Wednesday afternoon. Fed funds futures are pricing in ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...
Investors are positioning themselves for some excitement today. They are likely to get it—as we get new numbers on U.S. GDP, ...
Gold futures rise after U.S. economic data came in softer than expected. Futures are up 1.6% at $3,402.30 a troy ounce. Nonfarm Payroll data showed just 73,000 jobs were added in July, below analyst ...
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