Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
Stocks trimmed their decline and Treasury yields moved off session highs after Federal Reserve Chair Jerome Powell described a tweak to the central bank's policy statement on inflation as a "language ...
Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech ...
There's been talk for several years of the Fed raising its inflation target about its current 2% goal. Chairman Jerome Powell says forget about it. The Fed is conducting its regular five-year review ...
Fed chief Jerome Powell refused to be drawn into talking about President Trump during his press conference. "I am not going to have any response or comment on what the president said," Powell said.
U.S. stocks are paring their earlier losses as Fed Chair Jerome Powell kicks off Wednesday's press conference with his prepared remarks. Both the Dow and S&P 500 bounced off of session lows, and the ...
A pair of language changes in the Federal Reserve's policy statement is setting the tone in markets, pushing up Treasury yields and the dollar and putting pressure on stocks. At the top of the list, t ...
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Nvidia's stock was getting crushed again on Wednesday after recovering some of Monday's 17% rout in the previous session, as investors continued to digest the impact of DeepSeek's surprise AI ...
A tweak to the language of the Fed's latest policy statement, striking a reference to inflation moving toward the central bank's target, could offer an important clue about the tack Chair Jerome ...
The S&P 500 traded 0.8% lower, while the tech-heavy Nasdaq Composite more than lost 1%. The Dow Jones Industrial Average ...