Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it wont be ready to do so until it sees more good inflation readings and is more confident that annual price increases are falling toward its 2% target
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A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease
Gold prices gained on Wednesday as investors awaited U.S. inflation data that could cast further light on the Federal Reserve’s policy path.
Bill Papadakis, macro strategist at Lombard Odier, also discusses the Swiss central bank’s recent decision to cut interest rates and the outlook for the U.S. Federal Reserve’s monetary policy.
WASHINGTON The first female director of the US Bureau of Engraving and Printing (BEP) was named by the Secretary of the Treasury on March 25. Patty Collins is now the 27th leader of the 162-year-old bureau. Before serving as the leader of American currency production, Collins was the deputy director of the US Government
According to the Federal Reserve, more and more Americans are making early withdrawals from retirement accounts.
Global shares are mostly lower as investors await further indications of future U.S. interest rate cuts
U.S. Treasury yields fell on Friday as investors weighed the path ahead for monetary policy and considered when the Federal Reserve will begin cutting rates.
The Sensex gained 190 points to reach 72,831, while the Nifty rose by 84 points to 22,096.
Marketbuzz Podcast: Sensex and Nifty 50 are likely to open in the green with a focus on IT stocks. Tune in to the podcast for more cues
House Speaker Johnson says he plans to invite Israeli Prime Minister Netanyahu to address U.S. Congress. Also, the U.S. submitted a draft resolution to the U.N. called for an immediate ceasefire. NBC News’ Ryan Nobles and MSNBC political analyst Peter Baker discuss more.
Hermes is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have spent exorbitant amounts of money at the store on other goods