Global Stocks Drop as Fed Signals Slower Pace of Rate Cuts
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up ...
Stocks Fall After Fed Comments, Strong Retail Sales Data
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month. “It’s ...
Stocks fall as US data, Fed comments signal slower rate cut path
A gauge of global stocks was poised for its biggest weekly drop in two months while U.S. Treasury yields continued their ...
The Fed's biggest challenge has become the 'Sasquatch of the financial world'
The "neutral rate" of interest is something most economists and Fed officials are convinced exists, but it has never been ...
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price ...
Stock market today: Dow, S&P 500, Nasdaq sink as post-election rally fades, Fed prompts rate-cut rethink
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...
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.
Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
US Stocks Drop As Expectations Of A Fed Rate Cut Cool
US stocks fell Thursday, as traders digested an uptick in inflation and comments from Fed Chair Jerome Powell, which had the effect of cooling expectations of a December rate cut.
Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.