Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
The dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.
The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...
The Dow Jones Industrial Average (DJIA) closed about half a per cent lower on Thursday as a post-election rally, that began after Donald Trump's win in the 2024 US presidential election last week, ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.