The Fed held rates steady at 4.25%–4.50% for a fifth straight meeting, as expected, but two governors dissented in favor of a cut the first such...
US manufacturing activity in August surged to 53.3 (above 50 = expansion), the highest since May 2022. Surging demand boosted production and a...
Bets that the U.S. Federal Reserve will cut interest rates in September have dropped significantly over the past week, as markets prepare for Fed...
The US Federal Reserve's decision last month to keep interest rates unchanged sparked a dissenting opinion from two leading central bankers who...