Federal Reserve Bank

Wall Street pushes out rate-cut expectations, sees risk of no action until 2025

Barbara Terrio

Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy ...

Fed’s Neel Kashkari expects only two or three interest rate cuts this year

Barbara Terrio

Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New ...

Fed minutes dampen market enthusiasm

Barbara Terrio

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. Valerie Plesch | Bloomberg ...

Why Upstart Stock Blasted 20% Higher Today

Barbara Terrio

A consumer at a banker’s desk applying for a loan Shares of Upstart Holdings (NASDAQ: UPST) charged sharply on Wednesday, ...

The U.S. consumer is ‘walking towards a cliff,’ strategist warns

Barbara Terrio

Trouble is brewing for the U.S. economy and its pivotal consumer component, one strategist says. “I think the U.S. consumer ...

U.S. Treasurys ahead of Fed Chair Powell speech

Barbara Terrio

U.S. Treasury yields rose on Thursday, with the 10-year Treasury reaching a fresh multiyear high as investors awaited remarks from ...

investor attention turns to key inflation reports

Barbara Terrio

U.S. Treasury yields were mixed on Wednesday as investors looked ahead to the release of key inflation data that could ...

Bond yields could race through 5%, market forecaster Jim Bianco warns

Barbara Terrio

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in ...