Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
American Banker25m
Powell makes first visit to Capital Hill under Trump 2.0
The Federal Reserve chair delivers his first semiannual monetary policy report of the 119th Congress, where he is expected to ...
Watch Fed Chair Powell testify live before the Senate Banking Committee
US Federal Reserve Chairman Jerome Powell speaks during a news conference at the end of the two-day Federal Open Market ...
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's ...
Wall Street today: US stocks slip, Jerome Powell’s testimony in focus
At the opening bell, the Dow Jones Industrial Average fell 69.0 points, or 0.16%, to 44,401.38. The S&P 500 fell 17.1 points, ...
Stocks open lower as inflation remains on investors' minds
The major U.S. stock indexes opened lower on Tuesday, pulling back from Monday's gains. A handful of key events may have investors thinking about inflation and how that will factor into future ...
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Stocks mixed, gold retreats from record as investors weigh Trump tariff threats
Gold retreated from a record high while stocks were subdued on Tuesday as investors braced for further shifts in U.S. trade ...
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Watch Live: Fed Chair Powell's Testimony on Capitol Hill
Federal Reserve Chair Jerome Powell is testifying before the Senate Committee on Banking, Housing and Urban Affairs. He is due to appear Wednesday before the House Financial Services Committee. The Fe ...
Fed Official Warns of Tariffs' Inflation Risk
Just before Federal Reserve Chair Jerome Powell was due to testify before the Senate, one of the central bank's top officials ...
Stock market today: Wall Street edges lower following Trump’s latest tariffs
U.S. stocks are slipping modestly Tuesday after President Donald Trump announced 25% tariffs on all foreign steel and ...
10-, 30-year yields rise for fourth straight session ahead of Powell’s testimony
U.S. government debt sold off Tuesday morning ahead of testimony from Federal Reserve Chairman Jerome Powell, who is expected to be pressed by lawmakers about the inflationary impacts of the Trump ...