Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
Respondents to the CNBC Fed Survey for December are sure the Federal Reserve will cut rates on Wednesday, but they are less sure whether it should. Amid forecasts for somewhat higher inflation and ...
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...
A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal ...
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
I show you how to save and invest. The Federal Reserve has now held three of its eight scheduled meetings for 2023, raising rates 0.25-percentage-points at each of them. With five meetings ...
The Federal Reserve has taken sizable steps to lower its benchmark interest rate this year, but credit-card issuers have only tiptoed lower on the rates they charge cardholders — reflecting a ...