After reaching a record high, all three bourses lost momentum on sticky inflation and the Fed's hawkish comments.
Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to ...
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
With an economy this strong, why rush to cut interest rates? Why it matters: The Fed sees a fundamentally sound economy, with ...
By the end of 2025, traders are suggesting a 98.2% chance of lowered interest rates, but largely only expecting about a ...
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...
The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future ...
US equity indexes fell after stronger-than-expected retail sales corroborated Federal Reserve Chair Jerome Powell's recent comments on the speed at which monetary policy easing is required to ...
Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...