Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence ...
Wall Street's main indices closed lower on Friday after Federal Reserve chair Jerome Powell pointed to a slower pace of ...
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on ...
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four ...
Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will ...
A new administration may be headed to the White House, but inflation and interest rate concerns remain as sticky as ever, causing investors to pause their post-election rally.
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.