Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar amid expectations of fewer Federal Reserve ...
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another 0.2% to 156.56, the highest since July.
The Nikkei 225 index remained under pressure on Friday morning after Japan published the latest GDP data and Jerome Powell ...
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
Sterling traded 0.02% lower at $1.2666 and was similarly set to lose 2% for the week, its worst weekly fall since January 2023 ...