Powell says president removing Fed chairman 'not permitted under the law.' FOMC cuts rates by 25 basis points as expected.
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the ...
Inflation in the U.S. has retreated on a similar track, and the broad expectation is that the Federal Reserve will cut its rate by another quarter-point later Thursday. Much of Wall Street's run ...
Stocks hit fresh all-time highs and Treasury yields fell alongside the dollar, with Jerome Powell saying the economy is ...
Premium US Fed Meeting Highlights: US Fed Chair Jerome Powell-led FOMC will unveil the policy and interest rate ...
Stocks closed at record highs on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 all notching their biggest weekly gain of the year.
The stock market surged to highs on Donald Trump's election win. A Fed rate cut and a slew of big earnings reports filled out ...