Powell said the economy is largely healthy and the Fed is “recalibrating” its key interest rate, not rapidly cutting it.
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the ...
Federal Reserve Chair Jerome Powell’s comments on Monday added further volatility to the financial markets, which will be especially sensitive to Fed officials' comments and coming economic data, ...
Federal Reserve Chairman Jerome Powell has decided the economy needs easy money again and is betting that inflation will soon ...
Federal Reserve Chair Jerome Powell said the 50-basis-point cut in the central bank’s policy rate earlier this month was a ...
Major market averages were lower on Tuesday, a day after Fed chief Jay Powell took some wind out of the rate-cut sails. The S ...
The Federal Reserve cut interest rates this month for the first time in more than four years. Meanwhile, earlier today, ...
China's markets closed for Golden Week holidays. Markets in Japan and Europe picked up the slack though, notching modest ...
Wall Street's main indexes were set for a flat to lower open on Tuesday ahead of the first of multiple job reports this week, ...
Gold prices on COMEX rebounded from losses earlier in the day as escalating tensions in the Middle East aided safe-haven ...
Too many homeowners have cheap mortgages that are worth keeping, which is a problem for the housing market. Besides high ...
Investors have responded to Federal Reserve Chair Jerome Powell’s remarks yesterday that he’s in no rush to lower interest ...