The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to ...
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of ...
U.S. stock index futures on Friday pointed to a lower open, and Wall Street was headed for a weekly loss. Read more here.
Gold prices held firm on Friday but are heading for a weekly loss on bets for slower Fed easing and the recent rise in dollar ...
The dollar is trading around a one-year high against a basket of currencies at 106.81, having risen nearly 1.8% this week, set for its best performance since September. A key pillar of support for the ...
The U.S. central bank has lowered interest rates by 0.75 point since September.
The dollar was set for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...