Futures drop as Powell signals no hurry on rate cuts
In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
Treasury yields slip ahead of retail sales report
Treasury yields slipped Friday as investors unwound some of the hawkish reaction to Federal Reserve Chair Jerome Powell's remarks and awaited data on October U.S. retail sales. -- The yield on the ...
Fed's Powell declines to say if he would remain after chair term expires
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board ...
Dollar rallies as Fed's Powell nixes rate cut bets
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
European Midday Briefing: Powell Rate-Cut Caution Drags on Stocks
It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Boston Fed president says December rate cut not a 'done deal', WSJ reports
Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate ...
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 ...
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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.
CNBC Daily Open: Powell's comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...