Buying bonds when the Federal Reserve started cutting rates was a mistake that may soon get bigger
Many investors moved into Treasury bonds assuming prices rise. That didn't go according to plan and the bond yield pressure isn't going away.
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 ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the central bank does not ...
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Dow, Nasdaq Shed Triple Digits After Fed Comments
All three major indexes closed lower, as investors unpacked inflation data and commentary from Fed Chair Jerome Powell ...
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European stocks underperform the S&P 500 by the largest margin in 29 years
According to market analytics firm Barchart, European stocks are on the path to underperforming the S&P 500 on the hugest ...
Powell says the Fed doesn't need to be ‘in a hurry' to reduce interest rates
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
US stocks fall as post-election momentum begins to fade; Disney and Tapestry shares surge
US benchmark equity averages were little changed on Thursday after monthly producer prices came in line with market ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
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Roundup: Louisiana campaign spending / Federal AI guidance / Interest rates
With incumbents in five of six Louisiana congressional districts running against poorly-funded opponents, the campaign expenditures on average were down in this election. The District 1 seat went back ...
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.
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.