Federal Reserve

The main event of the week will be Fed Chairman Jerome Powell's speech on the economy and interest rates at the annual Jackson Hole meeting on Friday.

Fed Chair Jerome Powell will have the attention of economists and central bankers on Friday when he gives a speech at the Jackson Hole gathering.

Uncertain of when an inflation "resting point" will be, Federal Reserve of Kansas City President Esther George says she's undecided on a 50 or 75 basis-point rate hike at Jackson Hole.

The Commerce Department said in its second reading of second-quarter GDP data on Thursday that the economy shrank less than was initially reported in the spring.

Traders will keep their eyes on some important data points in Thursday's session including a GDP revision and jobless claims. The Fed's annual symposium will also get underway in Wyoming.

A majority of economists think the Federal Reserve will trigger a recession with its war on inflation, with a new survey showing 72% have forecasted a downturn next year.

Regal Cinemas owner Cineworld, may file for Chapter 11 as a strategic option after ticket sales have fallen and costs rise. Retail earnings reports and home sales data are also on tap.

JPMorgan Chase strategists expect the Federal Reserve to approve another mega-sized interest rate hike when they meet next month, but to slow the pace of increases after that.

The New York Federal Reserve said in survey published on Monday that fewer workers switched jobs in July, a sign the "Great Resignation" may be starting to cool off.

The Conference Board's leading economic index dropped for the fifth consecutive month, suggesting the U.S. economy is slowing and could be headed for a recession.

A majority of corporate executives expect the U.S. economy to slide into a recession within the next year as they confront painfully high inflation and a labor shortage.

The latest Federal Reserve meeting minutes showed that the Fed governors believe interest rates should remain "restrictive" in the coming months.

Sales of previously owned homes plunged in July for the sixth consecutive month as rising borrowing costs and higher housing prices pushed prospective buyers out of the market.

The U.S. housing market is starting to cool off considerably as the Federal Reserve raises interest rates at the fastest pace in decades in order to cool inflation.

Federal Reserve officials expressed resolve to bringing inflation closer to their 2% target at the July meeting, with policymakers forecasting more "significant" rate hikes.

Homebuyers are backing out of purchase contracts at the fastest pace in more than two years as they confront rising interest rates and the possibility of an impending recession.

Bank of America's new U.S. chief economist has projected that the Federal Reserve will trigger a recession as it hikes interest rates to cool inflation.

Data shows the number of U.S. workers has fallen 400,000 since March after coming close to reaching prepandemic levels, causing businesses to struggle to hire labor.

The pace of price gains slowed down in July, raising speculation that inflation in the U.S. may have peaked. But experts say the path to normal may be long and treacherous.

The Federal Reserve is expected to continue approving super-sized interest rate hikes, even after the July inflation report showed that price gains slowed down last month.