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Tag: interest rates

federal reserve building — financial news
Federal Reserve

Stocks Fall as Fed Chair Warsh Vows to Keep Fighting Inflation

U.S. stocks closed lower after Federal Reserve Chair Kevin Warsh signaled that the central bank remains focused on bringing inflation fully under control, dampening hopes for...

First Financial News Desk 3 weeks ago
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federal reserve building washington — financial news
Federal Reserve

Fed Chair Warsh flags inflation concern but stays silent on rate path

Federal Reserve Chair Kevin Warsh described inflation as ‘concerning’ in recent remarks, while declining to signal where interest rates are headed next. The comments are being...

First Financial News Desk 3 weeks ago
Read more
job seekers employment office — financial news
Jobs & Growth

U.S. Job Growth Slows in April as Hiring Cools Across the Economy

American employers added 115,000 jobs in April, a notably soft reading that signals the labor market may be losing momentum. The unemployment rate held at 4.3%,...

First Financial News Desk 4 weeks ago
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federal reserve building washington — financial news
Federal Reserve

Fed holds rates steady, cuts growth forecast and raises inflation outlook for 2025

Federal Reserve officials left interest rates unchanged at their latest meeting and updated their economic projections, signaling a more cautious view on growth and a stickier...

First Financial News Desk 4 weeks ago
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  • Wall Street Closes Within Striking Distance of Record High as Oil and Yields Pull Back
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  • U.S.-China Tensions Weigh on Global Economic Outlook

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