Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
Markets are still pricing in another cut in interest rates of 25 basis points when the Fed meets in two weeks. Unless things ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Rate cut bets boost stocks as bitcoin stalks $100,000
Asian stocks were mixed on Thursday in the wake of record peaks on Wall Street as a softer read on U.S. services data boosted ...
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the ...
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of ...
Stock market today: Dow, S&P 500, Nasdaq gain as tech stocks lead, with Fed's Powell on deck
The Dow Jones Industrial Average ( ^DJI) climbed 0.6%, or over 200 points, while the S&P 500 ( ^GSPC) added 0.3% on the heels ...
Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
Powell shrugs off Trump’s plan for a ‘shadow’ Fed chair
The US central bank chief said his institution has “broad support” on Capitol Hill, and was confident of a solid relationship ...
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Tech rally, Powell comments boost indexes to record closing highs
All three major US stock indexes scored record closing highs on Wednesday as technology shares rallied after upbeat results from Salesforce and as comments by Federal Reserve Chair Jerome Powell gave ...
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Markaz: Kuwait equity markets positive despite geopolitical uncertainty
KUWAIT CITY: Kuwait Financial Centre “Markaz” released its Monthly Market Review report for November 2024. Kuwait equity ...