10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
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Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Morning Bid: Powell says no rush needed on more rate cuts
A look at the day ahead in Asian markets. A warm reading on U.S. producer price inflation in October and hawkish comments by ...
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Jobless claims fall to lowest level in 6 months, following drop in interest rates, inflation
The Labor Department reported that jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9 — less than the ...
Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell
Stay informed on the latest insights from Federal Reserve Chair Jerome Powell and their impact on the financial markets.