12:52 PM EDT, 06/24/2025 (MT Newswires) -- The restrictive stance of monetary policy allows the Federal Open Market Committee to take its time to navigate the uncertainty presented by a tariffs and reduced immigration, New York Federal Reserve President John Williams said Tuesday at the NY CREATES Albany NanoTech Complex. Maintaining this modestly restrictive stance of monetary policy is entirely...

01:44 PM EDT, 06/24/2025 (MT Newswires) -- US equity indexes rose as investors grew increasingly optimistic that a sustained ceasefire in the Middle East could help keep crude oil from spiking inflation, a metric the Federal Reserve is watching closely to decide when to restart easing policy. The Nasdaq Composite gained 1.5% to 19,922.3, the S&P 500 advanced 1.1% to...

NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams expects slower growth and higher inflation this year due in large part to trade tariffs, in comments that gave little in the way of guidance for what's next for central bank interest rate policy. I expect uncertainty and tariffs to restrain spending and reduced immigration to slow labor...

02:00 PM EDT, 06/24/2025 (MT Newswires) -- US home prices fell sequentially in April, while the annual growth rate was the slowest in nearly two years, S&P Global ( SPGI ) division S&P Dow Jones Indices said Tuesday. Nationally, the S&P CoreLogic Case-Shiller Index declined 0.4% month on month in April after seasonal adjustments, following a 0.3% drop the month...