Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies ...

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.

But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are ...

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 ...

Markets have quickly shifted over the past two months to reflect this sentiment. On Sept. 18, when the Fed slashed rates by half a percentage point, markets had projected the Fed would finish 2025 ...

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.

AITOU, Lebanon — The scene of carnage in northern Lebanon showed heartbreaking snippets of everyday family life. A dead baby inside a destroyed pickup truck; a child’s severed arm buried in ...

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