More recently, Federal Reserve Chair Jerome Powell stated that solid economic growth, low unemployment, and inflation above 2% mean there’s no urgency to cut interest rates. Speaking in Dallas, Powell ...
Oil futures settled sharply lower on Friday amid concerns about the outlook for demand from China and recent data showing an increase in U.S. crude inventories.The dollar's ...
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...