Powell said the economy is largely healthy and the Fed is “recalibrating” its key interest rate, not rapidly cutting it.
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the ...
Federal Reserve Chair Jerome Powell’s comments on Monday added further volatility to the financial markets, which will be especially sensitive to Fed officials' comments and coming economic data, ...
The relative strength of the economy means the central bank will take a deliberate policy approach, with gradual rate cuts coming.
The dollar was higher and could rise further after Powell signaled interest rates might be cut in smaller increments after last month’s 50 basis-point cut, ING said.
The Federal Reserve cut interest rates this month for the first time in more than four years. Meanwhile, earlier today, ...
European stock markets traded mixed Tuesday as investors digested news of a further drop to eurozone inflation that firmed ...
Fed Chair Jerome Powell's latest remarks on interest rates policy saw Bitcoin hold $64k, while Poodlana targets "Uptober" ...
Fed Chair Powell showed little sense of urgency and seemed to endorse the recent dot plot that implied two quarter-point rate ...
“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 ...
Wall Street dipped modestly lower in the early going Tuesday as markets await an assortment of employment data of great ...
Wall Street's three main indexes closed September higher, bucking a historical trend where equities' performance have been ...