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.
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 ...
Texarkana Gazette2h
Stock market today: Wall Street weakens as its post-election boom slows some more
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
CBS19 News3h
Asian markets fluctuate at end of tough week
Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Gold faces worst week in more than 3 years on bets of slower Fed easing
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar ...
American Banker5h
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Fed Chair Powell delivers blunt take on interest rates
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...
CNBC Daily Open: Powell's comments drag investors down to earth from postelection high
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
Powell 'certainly' intends to stay at Fed until chairmanship ends
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...
San Diego Union-Tribune7h
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Kugler spoke just a week after Fed Chair Jerome Powell tersely denied that Trump had the legal authority to fire him, as the ...
Powell: Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate ...