FRANKFURT — Christine Lagarde is one of the most recognizable people on the world stage, but as president of the European Central Bank, a job…
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Fed Cuts Interest Rates by Another Quarter Point
WASHINGTON — The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested…
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Fed’s Bullard Says He Would Take Chair Job, if Ever Offered
James Bullard, president of the Federal Reserve Bank of St. Louis, said he would “love” to lead the central bank if given the chance. “Fed…
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Opinion | Goldbugs for Trump
Before going to the White House, Donald Trump demanded that the Fed raise interest rates despite high unemployment and low inflation. Now he’s demanding rate…
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S&P 500 Touches 3,000 as Stock Rally Powers On
The stock market hit a new high in its decade-long rally on Wednesday, as the benchmark S&P 500 stock index traded above 3,000 for the…
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Fed Worried About Slowing Global Growth in Pausing Rate Increases
WASHINGTON — Federal Reserve officials were worried about slowing economic growth abroad and the fading effects of President Trump’s tax cuts when they decided in…
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Trump’s Policies, Not His Insults, Contributed to the Fed’s Shift
WASHINGTON — President Trump in 2018 repeatedly urged the Federal Reserve to stop raising interest rates, warning that its “crazy” policies were jeopardizing the economic…
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Stock Markets Are Wild, but Bond Markets Can Be Dangerous
The sell-off in stocks isn’t the only ominous economic sign emanating from financial markets. The bond markets, much more closely linked to the actual economy,…
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