This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President Donald Trump,
Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how President Donald Trump’s policies will affect the economy.
Americans downgraded their expectations for benefits from the federal government after Donald Trump won the presidency, according to a new survey by the Federal Reserve Bank of New York.
Gold held near the highest level since October, as traders considered the impact President Donald Trump’s latest tariff threats against China and the European Union could have on the global economy.
The Bloomberg Dollar Spot Index has climbed about 5% since the election on the potential for tariffs and inflationary policies under Trump, as well as doubt on future Federal Reserve interest-rate cuts this year. Long dollar bets have been matched by a ...
President Donald Trump said he plans to fill the US’s strategic oil reserve “right to the top” after it reached lows not seen since the 1980s under President Joe Biden.
Gold climbed to its highest intraday level since the end of October, with traders monitoring the outlook for the global economy as US President Donald Trump continued sketching out his views on trade and immigration policies.
Asian stocks and European equity futures advanced to follow Wall Street’s tech-led rebound from a selloff that shook global markets, as focus turns to the Federal Reserve’s rate decision and US mega-cap earnings.
US stock futures gained, extending their recovery from an AI-driven rout at the start of the week as traders shifted focus to big-tech earnings and the Federal Reserve’s interest-rate decision.
Today, as the Federal Reserve emerges from its latest policy meeting with a well-anticipated stay-put stance, there’s plenty to talk about in financial markets. But most of it isn’t driven by the central bank.
Wednesday afternoon was already expected to be eventful for the stock market, with the Federal Reserve releasing its decision on interest rates and Chair Jerome Powell holding his regular post-meeting press conference.
Federal Reserve Chair Jerome Powell is scheduled to hold a news conference at 2:30 p.m.