US stocks drop as expectations of a Fed rate cut cool
WASHINGTON - US stocks fell on Nov 14, as traders digested an uptick in inflation and comments from Fed chairman Jerome Powell, which had the effect of cooling expectations of a December rate cut. Consumer and producer inflation data published this week point to a small rise in the rate of price increases, complicating the Fed’s rate-cutting plans.
Fed Chairman Jerome Powell's comments in Dallas came just a week after the central bank cut interest rates for the second ...
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
He has faced consistent criticism from Trump, who has called for the chairman’s firing on multiple occasions. In 2018, ...
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
WASHINGTON - The recent performance of the US economy has been “the best of any major economy in the world,” Federal Reserve ...
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
Federal Reserve Chairman Jerome Powell said he would not step down from his role if ... another reporter asked whether he ...
Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...
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Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald ...
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Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Power Lunch' to discuss whether ...
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