A rate hike in 2025 "doesn't appear to be the likely outcome" based on the current state of the economy, Federal Reserve Chair Jerome Powell told reporters Wednesday. He prefaced the statement with ...
Traders in the federal-funds-futures market were pricing in a higher chance that the Federal Reserve will skip cutting interest rates next month, as investors weighed the Fed’s latest economic ...
House Democratic leaders will hold a news conference Tuesday morning as lawmakers continue to negotiate government funding ahead of Friday’s deadline to avert a shutdown. Republicans, who ...