A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Bank of America (NYSE: BAC) has done a great job at winning over investors in recent times. The second-largest bank in the ...
Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the ...
Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a ...
Stifel Financial is a top pick for long-term growth with solid Q424 results, a 10% dividend hike & solid wealth management ...
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial industry.
Fed Chair Jerome Powell assures Americans' bank accounts are safe despite Trump administration's shutdown of Consumer Financial Protection Bureau.
Bank of America's retail banking head, Holly O'Neil, has projected a record net interest income (NII) for the year 2025. The bank anticipates a growth rate of 6% to 7%, with the consumer sector ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.