Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Powell, in prepared remarks for a speech in Dallas, said that inflation is edging closer to the Fed's 2% target, “but it is ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Mortgage rates stay flat as Trump’s second term comes into focus
Mortgage rates stayed flat from last week at 6.78% as financial markets reacted to President Trump's re-election.
The number of Americans filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week.
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Stock market today: Dow, S&P 500, Nasdaq slip with inflation, Powell speech in focus
US stocks slipped on Thursday as the post-election rally paused. Investors assessed the impact of a Republican sweep of political power and awaited a Jerome Powell speech to set the tone on interest ...