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Given a lack of recent economic data, the Federal Reserve's Beige Book report may play a more important role than it normally does at the central bank's Dec. 9-10 meeting. As Jeffry Bartash reports, the latest report released on Wednesday shows the U.
Economists hoping to hear from Federal Reserve Chair Jerome Powell are in luck. The Fed's policymaking arm will wrap up its May meeting and release its latest interest-rate decision at 2 p.m. Powell will speak at a press conference at the Federal Reserve building in Washington,
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Consumer Confidence Dives, Employment Falls, Supporting Fed Cut (Live Coverage)
The Conference Board's Consumer Confidence Index slid to 88.7 in November from 95.5 in October. The Expectations Index, which reflects consumers' near-term outlook for income, business and labor market conditions tumbled 8.6 points to 63.2.
Watch live as U.S. Federal Reserve Chairman Jerome Powell holds a press conference after a two-day policy meeting. The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows ...
The dollar was trading steady ahead of U.S. economic data that could influence expectations for the Federal Reserve's December meeting. Delayed September retail sales and producer price index data will be released at 8:30 a.