Page 5 - Thomas Simons News Today

The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting ending Wednesday, a 22-year high first reached in July. The rate decision and accompanying statement will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.

The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting ending Wednesday, a 22-year high first reached in July.

Major investment banks are coalescing around the view that the U.S. government's borrowing needs should likely diminish through June, alleviating some of the...

The notion that the Federal Reserve will soon slow, or perhaps even end, its program of quantitative tightening is increasingly being talked about on Wall...

Outside of tech, layoffs are below pre-pandemic levels—and even within tech, this year is shaping up to be an improvement on last.

Traders are starting to throw in the towel on hopes that the Federal Reserve will cut interest rates in March, just as one of the bond market's most closely...

Traders are starting to throw in the towel on hopes that the Federal Reserve will cut interest rates in March, just as one of the bond market's most closely...

After a bullish 2023 and a big holiday season, the market is shaking off a few jitters in early January. A bit too much exuberance?

Stocks have started 2024 on a downbeat note, after huge bets on a Federal Reserve pivot spurred a year-end rally.

Federal Reserve officials said in December that it was possible the economy could evolve in a manner that would make further rate hikes appropriate.