News

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show

Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the ...

Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record

Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest ...

Tesla Stock Soars. Interest Rates Are What Really Matter.

Lower rates help many businesses, including car makers. Rate cuts make financing vehicle purchases more affordable. As for ...

Fed Chair Powell: "Effects Of Tariffs On Consumer Prices Are Now Clearly Visible," "May Warrant Adjusting" Interest Rates

Federal Reserve Chair Jerome Powell delivers a high-profile address at the annual Jackson Hole Economic Policy Symposium.

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month

Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a ...

Gold Eases With Focus on Jackson Hole Meeting for Fed Clues

Gold edged down as investors awaited the Federal Reserve’s Jackson Hole gathering for clues on the path for US interest rates ...