The Federal Reserve chair stressed continuing uncertainty, citing "many paths possible" from the impact of Trump's tariffs.
Fed chair will likely express caution about making rate cuts too soon.
But another metric suggests a slowdown in the US economy is ahead.
The Federal Reserve Governor reasserted his view of a transitory inflation hit from tariffs, while the S&P 500 pendulated between gains and losses amid a quarterly "triple witching" in the markets.
Everyday millionaires increase in volume and wealth, report shows.
Equities gained early Friday, oil prices eased.
The Fed's announcement today was largely as expected, keeping the target fed funds rate the same, while assessing new data and balancing all risks ahead.
The central bank painted a still-murky policy picture Wednesday, with recent readings of inflation and jobs justifying a hold even as federal debt pressures mount.
The president once again criticized the "numbskull" Federal Reserve chair's lack of urgency to lower borrowing costs as the central bank's June decision draws near.
Open letter to SEC Chair Paul Atkins questions whether the Ivy League university withheld material information prior to its $750 million taxable bond offering.
Record volumes for this bet have been seen so far this week.
Billionaire disputes reports of huge costs for xAI as 'nonsense'
Economists warn a move to lower borrowing costs risks higher inflation fears, which would ultimately boost debt payments in the long run.
Strategists say the "unusual" decline, coming at a time when the dollar is weak, is part of a broader concerning trend of investors lightening their US asset exposure.
Fed will announce its latest decision Wednesday.
President also calls Fed Chair Jerome Powell a "numbskull."
May data suggest consumers have yet to feel the pinch from President Donald Trump's tariffs, raising the odds of a Federal Reserve rate cut.
Hybrid loan-and-bond package offers a fixed 12% coupon and is part of a 'best efforts' deal, according to report.
Investment firm’s team share their outlook for the next six months.
We're about to find out as crucial auction nears.
