Wall Street traders trim bets for December Fed rate cut on Powell’s caution
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...
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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.
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
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Dow Jones falls 200 points, while S&P 500, Nasdaq drag post Powell remarks
The so-called Trump Trades also continued to lose steam with Tesla shares dropping another 6%, while the smallcap index ...
Fed Chair Powell delivers blunt take on interest rates
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
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 ...