federal Reserve
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Tech
Feds will soon loosen tough stance on digital assets as Trump embraces crypto
The Federal Reserve and the Office of the Comptroller of the Currency – the nation’s top banking regulators — will…
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Business
Dow, S&P 500 hit all-time highs
The Dow and S&P 500 scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly results…
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Business
Inflation rose 2.4% last month — higher than expected
Inflation came in hotter than expected last month — dimming hopes for another big interest rate cut from the Federal…
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Business
Fed minutes show big rate cut favored by ‘substantial majority’
A “substantial majority” of Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary…
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Business
Fed made ‘mistake’ slashing rates by half a point: Larry Summers
Former US Treasury Secretary Larry Summers says September’s better-than-expected jobs report shows the Federal Reserve’s half-point rate cut was “a mistake.” Following…
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Business
US economy added 254K jobs last month — blowing past forecasts
The economy added a whopping 254,000 jobs last month — blowing past forecasts that predicted a modest rise and diminishing…
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Business
Fed’s Jerome Powell hints at more rate cuts but warns of ‘two-sided’ risks
The US economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest…
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Business
Dow hits all-time high as Wall Street cheers cooling inflation
The Dow jumped more than 400 points Friday to an all-time high after a benign inflation report cleared the way…
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Business
Fed’s Michelle Bowman warns rate cuts declaring victory too soon
A top Federal Reserve official warned Friday that the central bank risks prematurely declaring victory over inflation with its vote…
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Business
Michelle Bowman votes against Fed half-point rate cut — first dissent since 2005
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the…
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