Fed

Comment on this storyCommentSign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Sustained US job growth and an unemployment rate near a 50-year low bolstered bets that the Federal Reserve will…

LONDON — European stocks advanced on Thursday, building on gains in the previous session.The pan-European Stoxx 600 added 1.5% in early trade, with autos climbing 3.8% to lead gains as all sectors and major bourses entered positive…

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally rose slightly Wednesday in an up-and-down session as hawkish Fed minutes held few surprises. Treasury yields…

Dow Jones futures traded quietly lower Wednesday morning ahead of the highly-anticipated release of the minutes from last month's Fed meeting. X Tesla (TSLA) traded down around 1% early Wednesday. Elsewhere, Dow Jones tech…

It’s no secret that the Fed is having a hard time controlling inflation. While it is failing at its primary duty, the Democrats are busy crafting executive orders, passing bills and proposing new legislation that will expand the…

WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.Thursday’s report from the Commerce Department provided the latest evidence…

Thomas Hoenig, the former Kansas City Federal Reserve president, weighs in, arguing that a 'recession is a fair call.' Federal Reserve Chairman Jerome Powell on Wednesday appeared to contract President Biden’s repeated insistence…

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., June 14, 2022.Sarah Silbiger | ReutersAfter years of being a beacon for financial markets, the Federal Reserve suddenly finds itself…

CNBC's Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation."Until we see a pattern of higher unemployment, lower consumer…

Every time inflation ticks up, it takes a bite out of workers' pay and chews away at their bank accounts. And this current stretch of inflation -- triggered by a confluence of events, including the war in Ukraine and the ongoing pandemic…