Federal Reserve slashes interest rates by quarter-point as inflation cools
In a move that consumers will welcome, the Federal Reserve on Thursday slashed its benchmark interest rate by a quarter of a ...
Powell says no need for Fed to rush rate cuts given strong economy
By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains ...
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 ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell on Thursday said it was too soon to discuss how future fiscal policy could impact the ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Fed's Powell Declines to Say if He Would Remain After Chair Term Expires
Presidents typically do not wait for the current chair's term to expire before nominating a successor or renominating the ...
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US stocks fall as traders weigh future Fed cuts, Trump moves
US stocks slipped Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, while worries over Donald ...
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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.
Industrials Down on Fed Hints -- Industrials Roundup
Siemens reported a net profit that beat analysts' expectations, as the German industrial conglomerate's data-center unit benefited from the artificial-intelligence arms race. Siemens said it could cut ...
Consumer Cos Down as Treasury Yields Rise -- Consumer Roundup
Consumer companies fell after comments from Federal Reserve Chair Jerome Powell pushed up Treasury yields.