Wall Street traders trim bets for December Fed rate cut on Powell’s caution
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...
Morning Bid: Powell says no rush needed on more rate cuts
A look at the day ahead in Asian markets. A warm reading on U.S. producer price inflation in October and hawkish comments by ...
Inside Trump’s Treasury Secretary Shortlist
Over the last week, President-elect Donald Trump has announced his nominees for the top jobs in his administration. But one ...
New FDA rules for TV drug ads: Simpler language and no distractions
Those ever-present TV drug ads showing patients hiking, biking, or enjoying a day at the beach could soon have a different ...
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 ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
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 ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...
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US consumer inflation rises in October on higher housing costs
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...
Wall St little changed after in-line monthly producer prices; Powell speech awaited
Wall Street's main indexes were subdued on Thursday after monthly producer prices rose as expected, with investors awaiting ...
Stock Market Today: Wall Street Drifts Near Its Records as Disney Soars
In other dealings early Thursday, U.S. benchmark crude oil shed 37 cents to $68.06 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, gave ...