Morning Bid: Powell Says No Rush Needed on More Rate Cuts
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
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.
Dow drops as post-election rally stalls: ASX to open higher
This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome ...
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Powell lauds US economy as "remarkably good"
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
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Wall Street falls as Fed comments dampen rate cuthopes
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investor hopes for ...
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 ...
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Stock market today: Wall Street weakens as its post-election boom slows some more
U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool. The S&P 500 dipped 0.6% ...
Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
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US Fed's Jerome Powell in no hurry to cut interest rates
US central bank chairman suggests strong economy allows policymakers to take cautious approach in future decisions ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
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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 ...