Treasury yields surged following the Fed's cautious outlook on rate cuts in 2025. The 2-year Treasury yield, closely tied to Fed rate expectations, rose to 4.352 percent from 4.239 percent on Tuesday.
Federal Reserve Chair Jerome Powell held a news conference after the central bank cut interest rates by 25 basis points, bringing its benchmark federal-funds rate to a two-year low.
CAMBRIDGE - Nearly every cabinet or staff appointment announced by US President-elect Donald <a target=_blank href= ...
The Federal Reserve's rate-cutting plans for 2025 may face challenges from inflation and Trump's policies. Click here to read ...
Foreign-exchange veteran Karthik Sankaran says he’s worried about a “trifecta of bad things” that could drive investors out of the U.S.
President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they could do so ...
The Australian sharemarket surged in 2024, adding nearly $200bn to the value of the benchmark ASX 200 index, despite a ...
President-elect Donald Trump has a mandate to implement populist policies, but like President Biden, he is inclined to ...
Shares of the AI server maker were on track to notch a yearly gain of just 6% on Tuesday afternoon — far less than other ...
Trump and Fed Chair Powell tensions grow as Trump's 2025 economic agenda challenges Fed policies and independence.
On December 18th, the Fed officials voted to reduce the fund’s rate by 25 basis points, tightened their forward guidance on ...
A little jawboning won’t hurt, but firing Powell or designating a ‘shadow chairman’ would.