Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered ...
Traders added to wagers that the US Federal Reserve (Fed) will cut interest rates by another quarter point next month after ...
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Inflation is likely continue its path lower, the Fed chief added, noting that estimates based on the consumer price index and other data released this week indicate that total PCE prices rose 2.3% ...
Investing.com -- Federal Reserve Chairman Jerome Powell said Thursday that economy isn't signalling a need for speed on rate cuts as the recent strength allows the Fed to take a careful approach to ...
Greenlight Capital’s David Einhorn reportedly said that he has increased the bets on inflation following Republican candidate ...
The Dow Jones Industrial Average fell 382.15 points, or 0.86%, to 43,910.98, the S&P 500 lost 17.36 points, or 0.29%, to ...
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Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut ...
A gauge of global stocks dipped for a second straight session and U.S. Treasury yields were slightly lower in choppy trading ...
“Bang in-line core inflation leaves the Fed on track to cut rates in December,” said Lindsay Rosner, head of multi-sector ...