Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
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.
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 ...
Wall St indexes end lower after Powell erodes hopes for December rate cut
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for ...
2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less ...
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
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Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
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Traders trim bets for December rate cut on Fed chief Powell’s caution
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
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Inflation Report Keeps December Rate Cut in Play; Fed Chair to Speak on Interest Rates and the Economy
Inflation Report Keeps December Rate Cut in Play; Fed Chair to Speak on Interest Rates and the Economy By Vicky Ge Huang Federal Reserve Chair Jerome Powell will headline a busy week of central-bank ...
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Fed’s Powell says no need to hurry rate cuts with economy strong
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...