The new Trump administration may cause friction, but Federal Reserve Chair Jerome Powell has played down the likelihood of ...
Asian stocks were mixed on Thursday in the wake of record peaks on Wall Street as a softer read on U.S. services data boosted ...
Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P ...
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
In short, the Fed is seeing the best of both worlds: an economy growing steadily with inflation headed toward its target, ...
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to ...
Cooling business activity in an environment of subdued job creation should give the Fed the confidence to cut interest rates ...
The Dow Jones Industrial Average ( ^DJI) climbed 0.6%, or over 200 points, while the S&P 500 ( ^GSPC) added 0.3% on the heels ...
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to ...
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...