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 ...
Moneyweb45m
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, ...
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 ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
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 ...
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 ...
Powell Speech Sends December Rate-Cut Odds Sliding
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, ...
Rising US producer prices add to signs of waning disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
New York Post15h
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
Still, Wall Street traders see an 82% likelihood of a third rate cut when the Fed next meets in December, according to the ...
WGN Radio19h
Thought Leader Doug McClure discusses December rate cuts and tariffs
This week Steve Grzanich is with Thought Leader Doug McClure (Senior Vice President and Team Leader, Commercial Banking ...
Morningstar19h
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 ...