Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
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 ...
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
Fed boss Jerome Powell didn't give much away in a keenly-watched set-piece speech on Thursday, but made it clear that the ...
U.S. stock markets closed lower on Thursday as post-election rally evaporates. Moreover, a relatively hawkish statement by the Fed Chairman on interest rate cut dented market participants’ confidence ...
Asian shares looked to end a brutal week on a steadier note, helped by Chinese data showing retail sales in the world's second-biggest economy beat forecasts in October in a welcome sign for consumer ...
Some of the stocks that got the biggest bump from Trump's election also lost momentum. Tesla shares fell 5.8% for just its ...
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.