The Federal Reserve hit the pause button on interest-rate cuts Wednesday, entering a wait-and-see phase as it tries to determine whether it should cut further, and by how much. With that i ...
All three major U.S. stock indexes were higher in late-afternoon trade as focused turned away from Wednesday's Federal Reserve meeting and toward corporate earnings on deck. The S&P 500 index was ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...