Traders Scale Back Bets on December Rate Cut After Powell’s Comments
Federal Reserve officials are keeping the market on its toes over its rate-cutting plans. Fed Chair Jerome Powell said the central bank would approach its decision “carefully” at a talk in Dallas on ...
Stocks Slide as Fed Rate-Cut Bets Pared Back: Markets Wrap
European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest ...
Boston Fed President Says December Rate Cut Isn’t a ‘Done Deal’
Another rate cut in December is “certainly on the table, but it’s not a done deal,” said Boston Fed President Susan Collins ...
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 ...
tbsnews3h
Dollar set for big weekly gain as Powell sends yields up, China data mixed
Asian shares looked to end a brutal week on a steadier note, helped by Chinese data showing retail sales in the world's second-biggest economy beat forecasts in October in a welcome sign for consumer ...
Explained: India’s market correction, links to China’s sub-par stimulus for its economy
After Beijing announced its first stimulus package in late September, foreign investors offloaded Indian shares to pick up ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
think4h
Rates Spark: Euro rates driven by ECB cut expectations
The divergence between EUR and US rates continues. While the ECB endpoint is being recalibrated lower, a more hawkish Powell ...
The Iron Mountain Daily News4h
Powell: Fed will likely cut rates cautiously given lingering inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Moneyweb5h
Fed’s Powell says no need to hurry rate cuts with economy strong
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...