Free Newsletter
Fed seen cutting interest rates in June despite inflation risks
Economists expect the Federal Reserve to cut interest rates in June despite war-driven inflation risks and higher oil prices, according to a Reuters poll.
Fed’s Barkin questions durability of productivity gains
Richmond Fed President Tom Barkin says rising productivity may ease inflation but uncertainty makes it difficult to predict future interest rate policy.
Fed weighs rate cuts amid inflation and political pressure
The Federal Reserve faces inflation, weak hiring, and political pressure as it meets this week to decide whether to cut interest rates by a quarter point.
Wall Street slips as stocks log first loss in four days
U.S. stocks slipped as Apple dragged tech lower; S&P 500 snapped 3-day run while soft inflation data trimmed yields and boosted odds of two Fed cuts in 2025.
