The last thing you want in a global trade war is a rocketing currency. So the soaring euro's rise may not yet be "brutal", ...

Traders watch Fed updates and inventory data for key insights ... Investors are eyeing the updated economic projections and the “dot plot” for clues on monetary policy through 2025 and 2026.

Americans’ expectations for near-term inflation hit the highest level since the fall of 2023 in March, amid a souring in the ...

Fed chief Jerome Powell also indicated the Fed will take a wait-and-see approach on pursuing the interest rate cuts yearned ...

First, Fed officials continue to communicate their own expectation of further rate cuts this year. The March 2025 Fed “dot plot,” which shows the projected target range for policy rates from each of ...

New York Fed President John Williams on Friday said that the unemployment rate could rise from its current level of 4.2% to between 4.5% and 5% over the next year, given the combined effects of ...

Although Williams did not mention a recession, embedded in his forecast is the possibility that the increase in unemployment could breach the Sahm rule. While not a hard and fast rule, former Fed ...

Gold prices remained elevated on Friday, hovering near all-time highs around $3,220 per ounce, as persistent U.S. dollar weakness and rising expectations for Federal Reserve rate cuts continued to ...

The updated Fed dot plot showed a median estimate of two rate cuts in 2025, down from September’s estimate of four, as Fed officials grew wary of the impact President-elect Trump’s tariff and ...