Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Wall Street traders trim bets for December Fed rate cut on Powell’s caution
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
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Traders trim bets for December rate cut on Fed chief Powell’s caution
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
Treasury Yield Curve Spread Surges, Signaling a Fed Rate Cut
The Treasury ‘yield curve’ has spoken: the Federal Reserve's scope to cut interest rates has moved higher. The benchmark yield curve, a term that describes the differentials in returns between the two ...