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.
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, ...
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.
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The Day Lyndon Johnson Pushed the Fed Chairman Around the Room While Shouting Curses at Him
Whether President Trump could fire Chairman Jerome Powell of the Federal Reserve has become the subject of front-page stories ...
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 ...
Stock market today: Asian stocks are mixed after Wall Street's post-election bonanza wanes
Asian shares are mostly higher after U.S. stocks slipped as the rally following Trump’s election victory cooled further ...