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 ...
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Fed’s Powell says no need to hurry rate cuts with economy strong
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
US Stocks fall post Federal Reserve Chair Powell's Remarks
Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.
Dollar set for big weekly gain as Powell sends yields up, China data mixed
The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...
DJIA sheds 207 pts, S&P 500 below 5,950 as Trump rally fades; Apple gains by $3/share
The Dow Jones Industrial Average (DJIA) closed about half a per cent lower on Thursday as a post-election rally, that began after Donald Trump's win in the 2024 US presidential election last week, ...
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.