Top Fed official raises prospect of rate hike
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Recent job market data shows stability, which may lead the US Federal Reserve to postpone rate cuts in the next FOMC meeting.
In the end, the Fed’s challenge is less about choosing the perfect policy setting and more about staying nimble in a world where the ground keeps shifting.
As momentum builds for a Fed rate hike, Goldman Sachs is sticking with its forecast of two rate cuts this year.
Investors have lifted odds that the Federal Reserve is on the verge of raising interest rates, but lingering labor-market fragility and the risks to growth from surging oil prices make that a long shot,
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
Stock futures have slipped while Treasury yields pressed higher during Friday’s holiday trading session after a hotter-than-expected jobs report raised more questions about whether the Federal Reserve will deliver an interest-rate cut this year.