Federal Reserve Bank of San Francisco President Mary Daly said there’s no sense of urgency to lower interest rates, ...
Chair Jerome Powell said the Federal Reserve's ability to set interest rates free of political interference is necessary for ...
We don’t know how big they’ll be. We don’t know the timing and duration…. We can’t really start making policy on that. We ...
Powell’s comments align with those of other Fed officials in recent days who backed a cautious approach to future reductions in borrowing costs.
Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P ...
Wall Street stocks surged to fresh records Wednesday, extending a post-election rally on optimism about more interest rate cuts and for an artificial Intelligence boom after strong Salesforce results.
With car prices and loan rates high, buyers hope federal interest rate cuts will lower car loan payments, easing financial ...
Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar, highlighting its volatility and speculative nature ...
Ahead of his appearance, investors had been leaning into an expectation for a third straight interest rate cut.
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Federal Reserve Chair Jerome H. Powell is confident the central bank will maintain its independence, despite signals from ...
Fed-funds futures traders continued to cling to the likelihood of a quarter-point rate cut at the Federal Reserve's next meeting in two weeks, even after Fed Chair Jerome Powell said officials can be ...