The numbers: The New York Fed’s Empire State business-conditions index, a gauge of manufacturing activity in the state, fell 23.4 points in October to negative 11.9, the regional Federal Reserve bank ...
Kevin Warsh likes to tell a story that explains why he would remake the Federal Reserve from top to bottom if President Donald Trump chooses him to be the central bank’s next chair. Trump will soon ...
There was some division at the Federal Reserve's last meeting about whether to cut interest rates and by how much, though most agreed the central bank could cut rates further in 2025. “Most judged ...
Nearly 70% of Americans believe the economy is headed in the wrong direction and 73% think it's a bad time to buy a house, according to Fannie Mae's Home Purchase Sentiment Index. ...
TOKYO - The yen edged lower on Friday, trimming its sharpest weekly gain in more than four months, as traders considered the impact of potential rate increases by the Bank of Japan and a leadership ...
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. Spot gold held its ground at ...
The US Supreme Court says it will hear arguments in January over US President Donald Trump's attempt to remove Federal Reserve governor Lisa Cook, leaving her in the post for now.
There may be little room to cut rates further in the US, the president of the Federal Reserve Bank of Dallas has said. In a speech at the bank on September 30, Lorie Logan argued that policy was ...
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