2-year Treasury yield jumps after the close, with Powell patient about rate cuts
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 ...
American Banker1h
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
BOJ chief Ueda to speak in Nagoya, focus on hints of next rate-hike timing
Bank of Japan Governor Kazuo Ueda will deliver a speech and hold a news conference in the central Japan city of Nagoya on Monday, the BOJ said, an event that will be closely watched by markets for ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Republicans win control of House and Senate in Congress sweep | The Excerpt
Plus, Sen. John Thune will be the next Senate majority leader, while President-elect Donald Trump continues to build his next ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
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Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...
Why Nu Holdings Stock Is Plummeting Today
Nu published its third-quarter earnings results after the market closed yesterday and actually posted sales and earnings that came in ahead of Wall Street's expectations. Despite the Q3 beats, the ...