benchmark overnight interest rate
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest rates as soon as March.
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.
U.S. retail sales fell for the first time in seven months as motor vehicle purchases and spending on hobbies dropped.