U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors, denting sales at car dealers and most other stores.
Making a chart of the federal funds rate in 2025 might turn out to be the easiest job in finance. As inflation stays stubbornly high and jobs hold steady, the financial markets are pricing in a good ...
The bulk of investors expect the Federal Reserve to cut interest rates this year, according to Bank of America’s global fund manager survey for February.
Federal Reserve Bank of San Francisco President Mary Daly said policy needs to remain restrictive until there’s more progress ...
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