Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
American Banker3h
Powell: Fed is in no hurry to lower interest rates
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.
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
4 Smart Places to Safely Stash Savings Now That the Fed Has Cut Rates
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
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, ...
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 ...
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 ...
2-year Treasury note sells off further after Powell's patient stance on interest-rate cuts
Traders continued to sell off the 2-year Treasury note after 3 p.m. Eastern time on Thursday after Federal Reserve Chairman Jerome Powell indicated policymakers are in no hurry to cut interest rates.
Gold just logged its longest losing streak since February
Gold prices on Thursday marked a fifth straight session decline, marking the longest streak of daily losses since ...
Pensions&Investments5h
Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...