Calling stable prices the "bedrock" of the economy, Federal Reserve Chair Jerome Powell said on Thursday the U.S. [Read More]
U.S. stocks ended a whipsaw session lower on Thursday, as investors fretted inflation could remain elevated for longer than expected, which could prompt the Federal... [Read More]
The dollar hit a two-decade high on Thursday after U.S. inflation moderated less than markets had expected, keeping the Federal Reserve on course to tighten... [Read More]
Gold steadied on Thursday, after U.S. inflation data lifted prices over 1% in the previous session, as traders were cautious about the Federal Reserve's policy... [Read More]
There has been a broad Wall Street sell-off across bonds and stocks in response to the Federal Reserve's rate hikes to combat inflation. U.S. Treasury bonds,... [Read More]
European shares extended their bounce on Wednesday and bond yields held below recent peaks ahead of inflation data in the United States that will offer... [Read More]
The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key reading on inflation that should provide clues on how... [Read More]
If the Federal Reserve sells any of its holdings of mortgage backed securities it may have to do so at a loss, Cleveland Federal Reserve... [Read More]
The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve's plan to continue hiking interest... [Read More]
U.S. President Joe Biden, under pressure to tame high inflation, sought to assure Americans on Tuesday that he understands what they are grappling with and... [Read More]
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