Ongoing economic growth, a solid job market and inflation that remains above its 2-percent target mean the Federal Reserve (Fed) does not need to rush to lower interest rates, Fed Chairman Jerome ...
A December Fed rate cut is uncertain after Chair Jerome Powell said that interest rates would come down slowly.
While the coming weeks and months will provide more clarity, we already can anticipate some indications of what is in store for bank ...
Federal Reserve Chair Jerome Powell spoke in Dallas Thursday about the economic outlook. You can watch his appearance here. (His remarks start around the 19-minute mark) ...
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 ...
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...
Stocks moved lower in early trading Friday, putting major indexes on pace to post weekly losses, as the election-fueled rally ...
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary blame, rather, goes to supply constraints as the economy came out of COVID and ...