Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with expectations.
US stocks slipped Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, while worries over Donald ...
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.
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
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 ...
By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains ...
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...
Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate ...
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...