Fed-funds futures traders inched closer to an almost 50% chance that the Federal Reserve will cut its benchmark interest rate by May, after Fed governor Christopher Waller told CNBC he sees a ...

Copyright 2025 The Associated Press. All Rights Reserved. In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference ...

while the S&P 500 gained 1.8%. The tech-heavy Nasdaq Composite soared 2.5%. Given the mixed inflation data, some economists predicted the Fed is likely to hold off on a rate hike at its Jan. 29 ...

US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts. The rally slashed Treasury yields across maturities ...

The odds of a January 2025 Fed rate cut were only 2.7% the night before the report's release on January 14 at 9:46 p.m. ET, according to the CME FedWatch Tool. The probability of a January 20 Fed ...

While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...

Markets showed little reaction to the Fed Beige Book release. The S&P 500, tracked by the SPDR S&P 500 ETF Trust SPY, maintained its session gains of 1.8%. Tech stocks rallied further during early ...

Source: Bureau of Labor Statistics By The New York Times By Ben Casselman Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may ...

It was the first drop on a core basis after three months of being stuck at 3.3%. "This latest inflation reading confirms a Fed rate cut skip at the January FOMC meeting," said EY chief economist ...

Jan 15 (Reuters) - Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that ...

The incoming Trump administration will try to get federal workers back into offices and reduce telework, the nominee to lead the White House Office of Management and Budget said Wednesday.