Materials Down as Dollar Rallies -- Materials Roundup
Producers of metals and other raw materials fell as the dollar continued its torrid rally in the wake of firm wholesale inflation data. The producer price index, which measures factory-gate inflation, ...
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 ...
Powell: Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate ...
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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 ...
Jerome Powell in Dallas: Politics would be ‘distraction’ to Federal Reserve goals
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
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 ...
Morning Bid: Powell says no rush needed on more rate cuts
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
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Top Federal Reserve official defends central bank’s independence in wake of Trump win
Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...
Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations.
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...
Fed Chair Powell's Speech: Some Takeaways
Here are some of the highlights from Federal Reserve Chair Jerome Powell's discussion Thursday in Dallas. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell ...
Watch Fed Chair Powell Live Here
Federal Reserve Chair Jerome Powell is set to speak Thursday in Dallas at 3 p.m. ET. You can watch his appearance live here.
2-year Treasury note sells off further after Powell's patient stance on interest-rate cuts
Traders continued to sell off the 2-year Treasury note after 3 p.m. Eastern time on Thursday after Federal Reserve Chairman Jerome Powell indicated policymakers are in no hurry to cut interest rates.