Greg Robb

The Federal Reserve's interest-rate committee said on Wednesday said it had decided to slow the pace of the central bank's “quantitative tightening” program, designed to incrementally shrink its balance sheet without disrupting financial markets. Since June 2022, the Fed has been allowing up to $95

Follow all the latest on the Fed meeting and U.S. market action for Wednesday here.

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Follow all the latest on the Fed meeting and U.S. market action for Wednesday here.

Follow all the latest on the Fed meeting and U.S. market action for Wednesday here.

Follow along to MarketWatch's analysis of the nonfarm payrolls report, due from the Labor Department at 8:30 a.m.

The U.S. service sector has been the fortress for the economy, seemingly impervious to central bank rate hikes. It is the first contraction in the sector since December 2022. While the surprising weakness in April on its face is troublesome, economists said they want to see if the trend continues be

The Federal Reserve should begin talking about the possibility of needing to raise interest rates in 2025, said Adam Posen, the president of the Peterson Institute for International Economics, on Tuesday. In an interview on Bloomberg Radio, Posen said thinks inflation is going to be moving sideways

Follow all the latest U.S. market action for Tuesday here.

Follow along to MarketWatch's coverage of the CPI report due from the U.S. Labor Department, and what the inflation report means for the economy and markets.