US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market ...
Sohn: Howard Marks says Trump will come out swinging on China
ASX climbs. J O Hambro’s Mehta picks Tencent Music. IMF’s Bannan picks Corporate Travel. Ellerston’s Kourtis picks Perpetual.
American Banker1h
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
NASDAQ 100, Dow Jones and S&P 500 Forecast – US Indices Look Poised to Rally Again
The US indices all look as if they are trying to build up the momentum in this overall trend, as the market deals with the earnings season, but also the interest rate situation in the US. All things ...
Explained: India’s market correction, China’s sub-par stimulus salvo
An index is said to be in a “correction” phase when it falls more than 10% from its last peak level. A more-than-20% fall ...
Tuko5h
Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.