Stocks Slip and Bond Yields Spike as Powell Speaks
The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...
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 ...
Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
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Powell says Fed does not need to 'be in a hurry' to lower rates
Fed Chair Powell indicates no hurry to lower interest rates, emphasizing a careful and data-driven approach amid economic ...
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Fed Chair calls US the best-performing major economy in the world
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
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Stock market today: Dow, S&P 500, Nasdaq slip with inflation, Powell speech in focus
US stocks slipped on Thursday as the post-election rally paused. Investors assessed the impact of a Republican sweep of political power and awaited a Jerome Powell speech to set the tone on interest ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The central bank has lowered interest rates by 0.75-point since September.
Dow Jones Today: Stocks Slightly Lower Ahead of Comments from Fed Chair Powell; Disney Soars After Earnings
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
Central Bank Independence 'Fundamental' For Good Policy: Fed Official
An independent central bank is "fundamental" to getting good economic outcomes, a senior Federal Reserve official said Thursday, shortly after Donald Trump won the US presidential race.