Industrials Down on Fed Hints -- Industrials Roundup
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 ...
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 ...
WFXG40m
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 ...
The Mercury1h
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.
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Business Journal Daily1h
Powell: Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures
Chair Jerome Powell said the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
2-year Treasury yield jumps after the close, with Powell patient about rate cuts
-- The yield on the 2-year Treasury BX:TMUBMUSD02Y rose 1.8 basis points to 4.299%, from 4.281% on Wednesday. But after the 3 p.m. close, it jumped 7 basis points to 4.353%, according to FactSet data.