Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
Markets are still pricing in another cut in interest rates of 25 basis points when the Fed meets in two weeks. Unless things ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest ...
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Rate cut bets boost stocks as bitcoin stalks $100,000
Asian stocks were mixed on Thursday in the wake of record peaks on Wall Street as a softer read on U.S. services data boosted ...
Mortgage Rates Continue to Fall, Dropping to a 6-Week Low
While mortgage rates plunged in September to a two-year low, they roared back in October and ultimately climbed to a ...
Refinance Rates Drop for a Fourth Straight Day
Refinance rates for 30-year loans fell for a fourth day Tuesday, shaving off another 5 basis points for a four-day decline of ...
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of ...
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...
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Softer US services growth favours further Fed rate cuts
Cooling business activity in an environment of subdued job creation should give the Fed the confidence to cut interest rates ...
Stock market today: Dow, S&P 500, Nasdaq gain as tech stocks lead, with Fed's Powell on deck
The Dow Jones Industrial Average ( ^DJI) climbed 0.6%, or over 200 points, while the S&P 500 ( ^GSPC) added 0.3% on the heels ...
Fed’s Powell Expects Good Relations With Trump Administration
Federal Reserve Chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue lowering interest ...