The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
Investors in interest-rate futures markets expect the Federal Reserve to stay on hold with interest rate moves until May or June, projections that didn't change much after minutes from the Fed's ...
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
Oxford Economics is predicting that interest rates will fall to 2.5% by late 2027, a much bigger drop than the 3.75% market ...
Friday’s hotter than expected jobs report spurred traders in the federal-funds futures markets to price in a higher probability that the Federal Reserve will maintain its benchmark interest rate at ...
Fed cautious on inflation and interest rates, with policymakers divided on future adjustments and uncertainty about Trump's ...
Inflation remains stubbornly above the Federal Reserve’s 2 percent target. Yet, instead of maintaining a firm stance at its ...
The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 ...
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in ...
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
U.S. stocks are struggling in 2025, with the Dow Jones Industrial Average off to its worst start to a year since 2016, as ...