Wall Street stocks slipped early Friday, after Federal Reserve Chair Jerome Powell signaled that the US central bank was in no hurry to cut interest rates.
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.
Dow and Nasdaq slide as postelection rally fades. Fed remarks on inflation temper rate cut hopes, dragging US indices into negative territory this week.
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
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 ...
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 ...
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 Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...