Jerome Powell says US Federal Reserve in no ‘hurry’ to lower interest rates
Jerome Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
Stocks dip slightly as post-election enthusiasm fades
Some of the stocks that got the biggest bump from Trump's election also lost momentum. Tesla shares fell 5.8% for just its ...
The Iron Mountain Daily News1h
Powell: Fed will likely cut rates cautiously given lingering inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
CNBC Daily Open: Powell's comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
ABC 17 News2h
Stock market today: Asian stocks are mixed after Wall Street’s post-election bonanza wanes
Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump’s election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Nikkei 225 index gets ready for a big move: will it rise or fall?
The Nikkei 225 index remained under pressure on Friday morning after Japan published the latest GDP data and Jerome Powell ...
Wall Street struggles for direction after in-line monthly producer prices
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.