As national factors take precedence over global trends, divergences emerge among the monetary policies of major economies. Pioneering inflation targeting in the early 1990s, New...
New York Community Bancorp’s decisions to reduce dividends and build reserves sent its stocks tumbling by a record 38%, causing the KBW regional bank index...
The Federal Reserve kept interest rates unchanged for a fourth consecutive meeting. The decision to leave the target range for the federal funds rate unchanged...
U.S. inflation accelerated in December to 3.4%, the sharpest rise in three months. Americans paid more for housing and driving, casting doubt on investors’ bets...
Policymakers agreed last month that it would be appropriate to maintain a restrictive stance “for some time” while acknowledging that they were likely at the...
The Federal Reserve now believes it can have the best of both worlds: contain excessive inflation without pushing the economy into a recession. Powell surprised...
Long-term Treasury bond options show that the outstanding open positions predicting a bond rally and lower interest rates are 2.5 times larger than those protecting...
The core Consumer Price Index, which excludes the costs of food and energy, increased by 0.2% compared to September. The overall indicator remained stagnant, held...