The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of ...
Rising interest rates reflect steady economic growth. See why Powell's approach signals resilience and a possible year-end ...
Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously ...
Federal Reserve officials are keeping the market on its toes over its rate-cutting plans. Fed Chair Jerome Powell said the central bank would approach its decision “carefully” at a talk in Dallas on ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
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 ...
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...