Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.
Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding interest rates.
Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.
FedNow creates "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin.
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.
The Fed in some ways is both closer and further away from its goals when it first started raising rates.
Federal Reserve Chairman Jerome Powell to appear before Congress with a tall task.
China's economy will be forced to recalibrate because of a "fractured" global order, and the new drivers of growth will "disappoint" global markets, according to...
Companies added jobs at a brisk pace in February as the labor market kept humming, payroll services firm ADP reported Wednesday.