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Global equity markets advanced on Monday after Federal Reserve Chair Jerome Powell suggested the central bank may leave interest rates unchanged through the summer. The remarks eased fears that the…
Federal Reserve Chair Jerome Powell said the central bank is moving closer to cutting interest rates as inflation continues to cool, while stopping short of committing to a specific timeline. His…
U.S. stock futures were slightly higher on Monday as traders positioned for a busy week of central bank signals, with Federal Reserve Chair Jerome Powell set to speak at the European Central Bank’s…
U.S. stocks opened modestly higher on Monday as investors stayed focused on two market-moving events later this week: the latest consumer price index report and remarks from Federal Reserve Chair…
Federal Reserve Chair Jerome Powell said the latest inflation figures are moving in the right direction, but not enough to justify an interest-rate cut yet. He described recent readings as…
Federal Reserve Chair Jerome Powell said interest rates are likely to remain high for an extended period as inflation continues to run above the central bank’s target. His remarks came after the…
Federal Reserve Chair Jerome Powell said the central bank is increasingly likely to cut interest rates twice this year, pointing to slower inflation and a labor market that remains stable. His…
Federal Reserve Chair Jerome Powell said the central bank is not close to lowering interest rates, pointing to inflation that still sits above the Fed’s 2% goal. His comments reinforced expectations…
Federal Reserve Chair Jerome Powell said the central bank could begin lowering interest rates later this year if inflation keeps easing. He emphasized that officials will continue to base their…
Federal Reserve Chair Jerome Powell said the central bank is likely to wait before cutting interest rates at its July meeting, citing inflation that is still running above the Fed’s 2% goal. His…
Federal Reserve Chair Jerome Powell said the central bank is likely to move carefully on interest rates, even as investors increasingly expect cuts. He pointed to lingering uncertainty over inflation…
Federal Reserve Chair Jerome Powell signaled that the central bank is in no hurry to lower interest rates, saying inflation remains too uneven to justify an immediate move. His remarks suggested…
