US Fed chair says ‘the time has come’ to start cutting interest rates
US stocks rose on Powell’s remarks, with all three major indices on Wall Street up sharply at around 10am local time in Washington (1400 GMT). The annual economic symposium in …
US stocks rose on Powell’s remarks, with all three major indices on Wall Street up sharply at around 10am local time in Washington (1400 GMT). The annual economic symposium in …
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, …
LONDON — European stocks were higher Friday as investors looked ahead to U.S. Federal Reserve Chair Jerome Powell’s speech later in the session from Jackson Hole, Wyoming. The Stoxx 600 index was up …
Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City. Michael M. Santiago | Getty Images News | …
Hong Kong stocks fell on Friday, dragged down by Chinese blue chips’ disappointing earnings, while traders keenly await the Federal Reserve chair’s speech for clues on the coming interest-rate cut. …
A senior economist expects multiple cuts in the federal funds rate (the rate banks pay that ripple out to consumer interest rates on everything from credit cards to mortgages) before …
Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City. Michael M. Santiago | Getty Images News | …
The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury climbed more than 6 basis …
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As part of its preliminary annual benchmark revisions …
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …