While the stock market hovers near record highs, a shift in the bond market is signaling mounting concerns about the economy’s health. A bevy of data this month showed the labor market is on shakier ...
Financial markets were anticipating clear signals from Federal Reserve Chairman Jerome Powell about a potential interest rate reduction in September, but those expectations went unfulfilled. Investors ...
WASHINGTON, Dec 10 (Reuters) - A sharply divided Federal Reserve cut interest rates on Wednesday but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the ...