Stock market today: Dow, S&P 500, Nasdaq sink as post-election rally fades, Fed prompts rate-cut rethink
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...
Bill McEwen3h
Stock Market Today: Wall Street Falls Toward Worst Loss Since Election Day as Vaccine Makers Sink
U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week’s ...
Fed’s Collins Says December Rate Cut Still on the Table
Federal Reserve Bank of Boston President Susan Collins said a December interest-rate cut remains on the table, emphasizing ...
Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Trump Moves Corners of the Stock Market That Have Nothing to Do With the Trump Trade
Each day that passes since the election seems to expand the definition of the Trump Trade. On Thursday, president-elect ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Boston Fed president says December rate cut not a 'done deal', WSJ reports
Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate ...
Boston Fed President Says December Rate Cut Isn’t a ‘Done Deal’
Officials lowered interest rates by a combined 0.75 point at their last two meetings.
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
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 ...
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 ...
Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation Fight Isn’t Over.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday. Investors and economists will be listening closely for clues about the Fed’s ...