Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...

Fed Chair Jerome Powell has said the central bank will keep its key interest rate elevated until inflation is back to 2%. As a result, Wall Street investors expect the Fed to cut its key rate just a ...

In the wake of the report, traders believe it’s a near certainty that the Fed will keep interest rates steady at its January ...

The economy was expected to add 153,000 jobs last month, according to economists polled by financial-data firm FactSet. The unemployment rate ... kicking off a flurry of interest rate hikes from the ...

Most economists expect them to show that hiring is solid but slowing, especially compared to the boom days of 2021-2023.

Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...

The Fed is expected to slow the pace of rate cuts.

President-elect Donald Trump warned federal employees last week that they must return to the office — or else “they’re going to be dismissed.” The threat was the latest and loudest signal ...

Photo: Jimin Kim/Dave Decker/Zuma Press The Federal Reserve’s decision to cut rates in December is puzzling yet also illuminating. It has given me greater appreciation for the many virtues of ...