The Globe and Mail6h
Stock Index Futures Plunge as Fed Rate Cut Bets Wane, U.S. Retail Sales Data in Focus
In addition, Fed Governor Adriana Kugler said that policymakers must maintain their focus on both the Fed’s inflation and employment goals, highlighting a cooling labor market and slower progress ...
Powell Says Fed Is in No Hurry to Lower Rates Further; Boston Fed President Says December Rate Cut Isn't a 'Done Deal'
Federal Reserve Chair Jerome Powell spoke in Dallas on Thursday about the outlook of the U.S. economy and the future of interest rate cuts. Treasury yields rose after Powell said that economic data ...
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
US Fed chair Jerome Powell declines to say if he would remain after term expires
Federal Reserve Chair Jerome Powell declined to comment on his future at the central bank after his term expires in 2026. The ...
Wall Street struggles for direction after in-line monthly producer prices
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
National Mortgage News20h
Fed's Kugler: Independence 'necessary' to achieve policy goals
In a speech, Federal Reserve Gov. Adriana Kugler said sound monetary policy comes when electoral politics are kept out of ...
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...
Fed's Powell declines to say if he would remain after chair term expires
Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain ...
Morning Bid: Powell Says No Rush Needed on More Rate Cuts
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...