NEW YORK – US stocks finished mixed on Jan 30 ahead of the Federal Reserve’s interest rate decision, where traders and analysts will be looking for clues on when the central bank…
WASHINGTON – The tight US labour market is continuing to ease, the Federal Reserve announced on Wednesday, underscoring the progress it is making as it seeks to tackle inflation…
NEW YORK – Wall Street stocks slumped on Wednesday, after the Federal Reserve kept interest rates unchanged, but signalled it could lift rates again this year.
The Dow Jones…
NEW YORK – Wall Street stocks retreated on Tuesday as markets prepared for a Federal Reserve decision and monitored lofty Treasury bond yields and the oil market.
The Fed is…
NEW YORK – Wall Street stocks tumbled on Thursday ahead of a key address by Federal Reserve Chair Jerome Powell as Treasury bond yields resumed their upward climb.
Major indices…
NEW YORK – Wall Street stocks dropped on Thursday following strong US economic data that boosts the chances for more Federal Reserve interest rate hikes. Thursday’s reports…
WASHINGTON – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signalled it may pause further increases, giving officials time to…
NEW YORK – The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for fixes at Silicon Valley Bank (SVB) before the…
NEW YORK – Wall Street stocks fell Wednesday after the Federal Reserve sketched out plans for additional interest rate hikes despite recent data showing a moderation in…
WASHINGTON – A majority of US Federal Reserve policymakers found that a slower pace of interest rate hikes would “likely soon be appropriate,” the central bank said on Wednesday.…