Federal Reserve

U.S. equity futures were trading lower on Wednesday ahead of the release of the minutes from the Federal Reserve's latest meeting in which interest rates were raised.

Here are the key events taking place on Wednesday that could impact trading including the release of the minutes from the Fed's most recent meeting and reports on jobs openings and the service sector.

Global corporate net debt has been falling in the past year as higher borrowing costs reduce the appetite for new financing.

The U.S. economy may already be in a recession according to the Atlanta Federal Reserve's GDP tracker, which shows negative growth for the second quarter.

Former Federal Reserve Vice Chair Randal Quarles argues while the Fed will get on top of inflation, the increased cost of debt service will cause financial disruption.

The Federal Reserve's real-time GDP tracker shows that the U.S. economy has contracted for the second quarter in a row, signaling a recession is already here.

While inflation cooled slightly in May, so did consumer spending, a sign Americans are belt-tightening as prices for gas, food, and staples remain elevated.

If a recession comes, Americans across the country will experience the pain – despite what Biden may believe.

Stock futures are trading lower ahead of June's final trading day after the U.S. economy contracted more than expected amid high inflation and weakening consumer confidence.

Federal Reserve Chair Jerome Powell said Wednesday there is "no guarantee" the central bank will be able to tackle inflation without sacrificing jobs.

The billionaire hedge fund manager is reiterating his previous call for more aggressive action by the Federal Reserve to bring down inflation as consumer confidence sinks.

FOX Business host Larry Kudlow told 'Mornings with Maria' that the United States is "probably on the front-end of a recession" following the GDP release Wednesday.

The final reading on first-quarter GDP came in worse than expected raising fresh concerns about the timing of a U.S. recession.

Here are the key events taking place on Wednesday that could impact trading, including the latest reading on economic growth and earnings reports.

Stephen Moore argued on Monday that the economic picture could get worse depending on the moves of the Federal Reserve and government in the second half of 2022.

FOX Business' Edward Lawrence sits down with San Francisco Federal Reserve President Mary Daly to discuss inflation and the U.S. economy under President Biden.

Historic inflation is not mainly a result of Russia's war in Ukraine, and the Federal Reserve's interest rate hikes may cause a recession.

A former Obama economist warned the U.S. economy could experience a return to 1970s-style stagflation as the Federal Reserve combats inflation with rate hikes.

The Federal Reserve found that all of the nation's 33 biggest banks passed its latest "stress tests," meaning they have enough capital to withstand a severe economic contraction.

The Federal Reserve's battle on inflation could cause the unemployment rate to rise as Americans lose their jobs, Chairman Jerome Powell told Congress on Thursday.