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Fed in no hurry for rate cuts: Jerome Powell hints no change in US central bank’s policy stance

Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing...
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Stocks

US President cannot remove a Fed board member under the law, says Jerome Powell

The U.S. president has no legal authority to remove a member of the Board of Governors of the Federal Reserve System, Fed Chair...
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Market

Fed’s wait-and-see approach likely won’t be shaken by new GDP and inflation numbers

A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s...
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Market

Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged

Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Source link
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Market

Stocks tanked after the Fed signaled fewer rate cuts next year. Here’s what Wall Street analysts see ahead.

The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%....
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Market

Asian stocks fall after Fed flags slower rate cuts, BOJ stands pat

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks slipped and the dollar was perched near a two-year high on Thursday...
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Market

Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025

Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would...
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Market

Nasdaq, Dow, S&P 500 hit records as tech surges, Fed’s Powell says economy in ‘remarkably good shape’

A tech rally boosted US stocks on Wednesday, with all three major indexes hitting new record closes, as investors...
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