Amid signs of a cooling jobs market, it lowered its short-term benchmark fed funds rate last month for the first time in four ...
Austan Goolsbee said he doesn’t see convincing evidence that the economy is overheating despite a gangbusters September jobs ...
Stock futures were marginally in the red first thing on Friday, with banks JPMorgan (JPM.N), Bank of New York Mellon (BK.N) ...
September's half percentage point reduction to a fed funds range of 4.75% to 5.00% was unprecedented for an economy in ...
Gold rallied over 1% on Friday, with the yellow metal set to end the week with modest gains of 0.20% after inflation data ...
Strategic positioning in short-duration TIPS and a long position in USD helped boost performance earlier in the year, though ...
An economy that resembles normal today calls for more-normal interest rates, said Federal Reserve Bank of Chicago President ...
Minutes of the Fed's meeting released on Wednesday showed the decision had been a close call, and Goolsbee on Thursday said ...
At the time of writing, spot gold was up by 0.1% at $2,642.80 per ounce, while US gold futures rose 0.6% to $2,655.90.
The US dollar fell from two-month highs as labor market weakness increased expectations for quicker Federal Reserve rate cuts ...