Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with expectations.
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Jerome Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a ...
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
US stocks slipped Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, while worries over Donald ...
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board ...
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
Siemens reported a net profit that beat analysts' expectations, as the German industrial conglomerate's data-center unit benefited from the artificial-intelligence arms race. Siemens said it could cut ...
This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome ...