Economy

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

A widely anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming…

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize…

Watch Fed Chair Jerome Powell testify live before Senate banking panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…