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Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.
The head of the Federal Housing Finance Agency alleged that Fed governor Lisa Cook submitted what he called fraudulent information.
Target shares dropped more than 9% after the retailer reported another decline in sales. The company also announced a new CEO who will step into the role on Feb. 1. Lowe’s, meanwhile, popped about 3% ...
Producers of metals and other raw materials were more or less flat as traders hedged their bets ahead of a key Federal Reserve speech. Minutes from the Fed's July meeting suggested that most of the ...
USD/JPY is set to consolidate within the 20 and 50-day Simple Moving Averages (SMAs), each at 147.86 and 146.70, respectively. Momentum suggests that neither buyers nor sellers are committing to open ...
In the S&P 500, Analog Devices ADI took the lead with a gain of more than 4% while Target TGT weighed on the benchmark index with a loss of nearly 7%. The retailer triggered a sell rule by falling ...
Again, reminder, the vice chairman of the Fed, the last vice chairman, was trading in massive amounts, front-running decisions of the Fed during the COVID panic. Now we have a sitting Fed governor who ...
The stand-out example is 2022, when Powell, in his Monetary Policy and Price Stability speech, invoked former Fed Chair Paul ...
Only two members of the Federal Reserve board supported President Donald Trump’s push to cut rates during the central bank’s ...
NEW YORK (Reuters) -U.S. technology shares are showing signs of vulnerability after a massive run, which has some investors pointing to overdone AI-driven gains while funds have taken steps to ...
Federal Reserve chair Jerome Powell is scheduled to speak at the central bank's annual Jackson Hole Symposium on Friday, an ...
The minutes showed officials continued an active debate on the effects of tariffs on inflation and the degree of ...