Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Central bank policymakers, in a unanimous decision, paused monetary easing while noting that inflation remains above their 2% ...
The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline ...
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
Nasdaq is leading stock markets lower as DeepSeek shakes up the AI story arc, and rate cuts are due from the ECB and the BOC ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.