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Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
Dow, S&P 500, Nasdaq futures hold steady as rate cut hopes and Middle East ceasefire keep bulls optimistic- US stock market ...
New York Fed President John Williams said the central bank's interest-rate stance is "entirely appropriate" as uncertainty about tariffs and inflation lingers, leaning against recent calls from some ...
Metaplanet Raises $515M, Blockchain Group Adds $4.8M in Bitcoin Treasury Equity Moves (CoinDesk): Metaplanet completed 10% of its 555 Million Plan on Day 1, issuing 54 million shares, while The ...
In the short-term, Canada is trying to get the U.S. to back down from 50% tariffs on steel and aluminum imports and levies on autos, said Kirsten Hillman, Canada's ambassador to the U.S. The Fed chair ...
Futures pricing now sees some 60 basis points of cuts by year-end and the so-called "terminal rate" in the Fed's easing cycle ...
Comments made by Federal Reserve Chair Jerome Powell on Tuesday have solidified the idea that the Federal Reserve will slash interest rates in September, having kept them at between 4.25% and 4.5% for ...
"Turning back to yesterday's market moves, the key reason the market rallied so much was because lower oil prices (and hence ...
Powell’s testimony, as is usually the case with his semiannual congressional appearances, largely tracks the central bank’s most recent policy statement, approved last week. Fed officials voted ...
Asian shares have logged modest gains after U.S. stocks climbed to near their all-time high as investors considered comments ...
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
The back-and-forth has been active as the Fed tries to balance its dual mandate.