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 ...
CNBC Daily Open: Powell's comments drag investors down to earth from postelection high
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
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Singapore shares open lower on Friday; STI down 0.3%
SINGAPORE stocks began Friday (Nov 15) trading in negative territory as markets abroad mostly posted losses overnight. Read ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell still would rather not talk about such potential Donald Trump priorities as central bank ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
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US stocks fall as traders weigh future Fed cuts, Trump moves
US stocks slipped Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, while worries over Donald ...
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Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
American Banker3h
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
After Powell's remarks, traders in the federal-funds futures market lowered the odds of a quarter-point rate cut in December to 58.9%. Before his comments, the odds of a cut were at 72.2%.
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Fed chair calls US the best-performing major economy in the world
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
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 ...