As universally expected, the Federal Open Market Committee (FOMC) left its target range for the federal funds rate unchanged at 4.25%-4.50% on Wednesday. With inflation remaining stubbornly above ...
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured ...