Fed Chair Jerome Powell says no need to 'hurry' rate cuts
While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.
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Asian markets fluctuate at end of tough week
Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while ...
Interest rates could be 3 percentage points higher under Trump
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
Gold faces worst week in more than 3 years on bets of slower Fed easing
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 ...
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Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
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.
Nikkei 225 index gets ready for a big move: will it rise or fall?
The Nikkei 225 index remained under pressure on Friday morning after Japan published the latest GDP data and Jerome Powell ...
Wall Street struggles for direction after in-line monthly producer prices
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
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 ...