Economy News Today Live: US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
From key announcements to major events impacting the micro and macro economy of the country and the world, this platform ...
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US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
(Photo: Reuters) The US Federal Reserve does not need to rush to cut interest rates due to the ongoing economic growth, a ...
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 ...
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 ...
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 ...
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...
Fed Chair Jerome Powell's Hawkish Comments Throw Some Cold Water on Crypto
It's hardly a blip on the charts after the major run higher following the election of Donald Trump, but crypto markets did ...
Wall St indexes end lower after Powell erodes hopes for December rate cut
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for ...
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 ...
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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.