Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Gold stabilizes after bouncing off 100-day moving average
Gold bounces off its (blue) 100-day Simple Moving Average (SMA) and attempts a recovery. Still, the precious metal is in a short and probably medium-term downtrend. This, given the principle of ...
GBP/USD recovers mildy as USD traders take profit
GBP/USD retreats to support in the mid-1.2600s (red dashed line in the chart below) and makes a half-hearted stand. However, ...
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The Day Lyndon Johnson Pushed the Fed Chairman Around the Room While Shouting Curses at Him
Whether President Trump could fire Chairman Jerome Powell of the Federal Reserve has become the subject of front-page stories ...
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.
Powell Says Strong US Economy Means No Rush to Cut Rates
Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks ...
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.
Asian markets trade positive even as Fed signals no hurrry in rate cut
Even as the Indian equities and other integral markets including the MCX are shut on the auspicious occasion of Guru Nanak ...
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Traders trim bets for December rate cut on Fed chief Powell’s caution
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
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 ...
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 ...