Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months. Powell said more ...
Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September.
Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...
Major U.S. equity averages fell Thursday, as investors weighed a second straight report of firm monthly inflation, albeit within market expectations. A loss Thursday would be the second in a row for ...
But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any ...