US Stocks Have Already Reversed Half of Post-Election Rally
The S&P 500 Index has given back more than half of its post-election rally as Friday’s selloff steepens, with sticky ...
Fed Chair Jerome Powell Sees No Rush for Rate Cuts as Economy Remains Resilient, Advocates Caution
Federal Reserve Chair Jerome Powell highlighted the strength of the U.S. economy in a speech, emphasizing that robust growth ...
Pound slumps to lowest level in four months
The pound has dropped to its lowest level in over four months amid mounting concerns over the state of the UK economy.
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Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Stock market today: Wall Street falls toward worst loss since Election Day as vaccine makers sink
U.S. stocks are falling toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory ...
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Powell: Fed to tread cautiously on rate cuts amid persistent inflation concerns
WASHINGTON—Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...