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 ...
The Iron Mountain Daily News58m
Powell: Fed will likely cut rates cautiously given lingering inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
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.
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 ...
Moneyweb1h
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, ...
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 ...
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
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, ...
New York Post16h
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 Radio20h
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 ...