Economy
US Job Growth Slows, Eurozone Inflation Falls: Fed Rate Bets Cut
US hiring sharply decelerated in June, prompting investors to scale back Fed rate hike bets, while Eurozone inflation cooled more than expected....
#Federal Reserve 111 articles
Finance
Credit Card Payments Outpace Debit Growth First Time Since 2000
Credit card payments have outpaced debit card growth for the first time since 2000, according to the latest Federal Reserve Payments Study,...
Markets
Gold Holds Near Eight-Month Lows Amid Geopolitical, Fed Jitters
Gold prices remained largely stable on Tuesday, hovering near an eight-month low of $4,016 an ounce, as investors weighed ongoing U.S.-Iran tensions...
Markets
Gold Retreats as Fed Rate Hike Odds Climb, JOLTS Data Surprises
Gold prices extended losses, falling to $4,038.30 per troy ounce, as robust JOLTS data bolstered expectations for a U.S. Federal Reserve interest...
Finance
Supreme Court Blocks Trump’s Fed Governor Firing Attempt
The US Supreme Court blocked President Trump's attempt to fire Federal Reserve Governor Lisa Cook in a 5-4 decision, citing insufficient due...
Finance
Wall Street Banks Abandon Euro Strength Bets Amid Diverging Rate Paths
Major Wall Street institutions are capitulating on bets for a stronger euro, forecasting a slide to $1.10 as the US is expected...
Economy
Inflation Gauge Hits 3-Year High, Rate Hike Expectations Rise
The Federal Reserve's preferred inflation gauge reached a new three-year high in May, driven by surging gas prices and demand for computer...
Economy
Asia Stocks Face Choppy Open as Tech Volatility Persists
Asian equities are poised for a mixed open after a volatile Wall Street session, where renewed selling in megacap technology shares offset...
Markets
Williams: Policy Well Positioned for 2% Inflation Goal
Federal Reserve Bank of New York President John Williams stated current interest rates are well positioned to guide inflation to the central...