After reaching a record high, all three bourses lost momentum on sticky inflation and the Fed's hawkish comments.
Fed Chair Jerome Powell said on Thursday central bank did not need to rush to lower interest rates due to ongoing economic ...
Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to ...
The Nasdaq and the S&P 500 were set for their worst session in over two weeks on Friday, after comments from Federal Reserve ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...
Poor Alice. Just when she thought she understood the rules of the strange world that she suddenly inhabited, the underlying ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush ...
Bond markets have had a minor meltdown since former President Donald Trump pulled ahead in prediction markets and then won a second term last week, putting upward pressure on mortgages and other house ...
In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...
Chair Jerome Powell says the Federal Reserve likely will cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's ...