Morning Bid: Powell Says No Rush Needed on More Rate Cuts
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
Industrials Down on Fed Hints -- Industrials Roundup
Siemens reported a net profit that beat analysts' expectations, as the German industrial conglomerate's data-center unit benefited from the artificial-intelligence arms race. Siemens said it could cut ...
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...
Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
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Fed chair calls US the best-performing major economy in the world
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
Jerome Powell in Dallas: Politics would be ‘distraction’ to Federal Reserve goals
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Fed chief urges caution on rate cuts during Dallas visit
Fed Chairman Jerome Powell's comments in Dallas came just a week after the central bank cut interest rates for the second ...
The Mercury1h
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...
Business Insider1h
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes ended lower on Thursday, with the election rally fizzling out as traders digested remarks from Federal Reserve Chair ...
Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations.
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...