Chair Jerome Powell says the Federal Reserve likely will cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's ...

A look at the day ahead in U.S. and global markets from Mike Dolan Faced with another monthly round of stubborn inflation and ...

In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...

European stocks were also tepid. The moves came after UK GDP data showed growth slowed to 0.1% in the third quarter.

Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...

A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, ...

Another rate cut in December is “certainly on the table, but it’s not a done deal,” said Boston Fed President Susan Collins ...