One of Wall Street's top inflation forecasters says investors should not be smitten with the Federal Reserve's so-called dot plot in trying to figure out how many interest-rate cuts are coming. "In ...
The Federal Reserve marked down its 2025 interest rate outlook while keeping the following year's projection steady, with a softening labor market outweighing concerns about inflation re-accelerating, ...
Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...
The Federal Reserve cut interest rates this past week by a quarter of a percentage point. But where rates go from here is a coin toss, at best, given that Fed members’ latest forecasts diverge widely.