Benchmark Treasury yields have been climbing toward 5%, despite the central bank’s recent rate cutting.
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, the economy grew a healthy 2.8%, compared with 2.9% in 2023.
Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Fed is likely to hold rates until June, while Trump will push for a rate cut in the nearer term Eight days after President Donald Trump's return to the White House, Federal Reserve officials ...
Mystery drones over New Jersey were authorized by the Federal Aviation Administration with the full knowledge of the Biden administration, White House Press Secretary Karoline Leavitt announced on Tuesday.
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.
Two weeks into his presidency, Trump faced a major crisis with the plane crash near DCA. He brought his unconventional style to the matter