US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previous day.

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal. Reserve, while making it clear the central bank is not "in a hurry" to lower interest rates.

Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the economy’s strength, and that the Fed would be "watching carefully" to make ...

NEW YORK (Reuters) - Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve its job and inflation goals, while stopping short of ...

Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.

Donald Trump's economic plans face scrutiny as economists warn of potential inflation surge and budget deficits.

We have been expecting flows to come into investment grade asset classes, but it seems everyone was waiting for an all-clear signal from the Fed. Now that we've seen the first cut, we expect to ...

The Hispanic community, the Latino community is fed up with being exploited. They're fed up with high prices, and that's why you're seeing this community go head over heels toward Donald J.

A federal judge on Friday ordered Virginia to return to its voter rolls names that were recently purged, including many who may not be citizens. U.S. District Judge Patricia Tolliver Giles, an ...

At a campaign event in North Carolina last month, Donald Trump, for reasons unknown, complained at some length about Barack Obama having won a Nobel Peace Prize. The Republican quickly added ...

The Federal Reserve last month cut interest rates for the first time in more than four years, by a bold half point, in part thanks to inflation coming under control. Lower borrowing costs make it ...

The Federal Reserve’s surprise decision in September to cut rates by a larger-than-expected 50-basis-points seems like a distant memory now, as policymakers are once again sending out hawkish ...