Powell expressed confidence that inflation will continue its downward trend towards the Federal Reserve’s 2 percent target.
“The Fed lowered interest rates by a half-percentage point at its meeting two weeks ago, opting for a bolder start in making its first rate reduction since 2020. That dropped the central bank’s ...
After falling in the earlier today, gold prices recouped its losses as geopolitical tensions raised safe-haven demand. The ...
The comments reined in rate futures prices to show just 70bps of Fed cuts by the end of the year, down from more than 75bps ...
At their last meeting Sept. 18, Fed officials reduced their rate from its two-decade high of 5.3% down to 4.8% and penciled ...
Fed Chair Jerome Powell hints at smaller interest rate cuts, with experts foreseeing bullish impacts on crypto markets.
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he ...
European stock futures were tracking higher early Tuesday. Asian stock benchmarks were mixed in holiday-thinned trade with China, Hong Kong and South Korea markets closed for a holiday; the dollar was ...
The Fed chair is speaking at the annual meeting of the National Association for Business Economics in Nashville, Tenn.
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can ...
Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and ...
Nearly 40% of 32 economists cited a “monetary policy mistake" as the "greatest downside risk to the U.S. economy over the ...