FOMC reduced the Federal Funds Rate by 25 basis points, signaling a dovish stance and belief in the soft landing narrative.
One school of thought held that, against this backdrop, Powell would seek to anchor the long end of the curve by talking ...
The Fed cut rates by 25bp, and both the statement and press conference were in line with expectations. Chair Powell did acknowledge the distortions of the shelter component of CPI/PCE were dovish. In ...
Federal Reserve officials made tweaks to the inflation language of Thursday's policy decision that appear to be less dovish than its last one, according to Omair Sharif, founder and president of ...
Yet markets are hitting all-time highs. Sentiment in markets, it seems, was buoyed by encouraging comments from the Fed. Minutes of the central bank's September meeting stated that "a substantial ...
Gold prices climbed above $2,700 after the Federal Reserve (Fed) decided to lower interest rates and acknowledged that US ...
The Indian rupee collapsed to a record low this week as the world came to terms with the new Donald Trump election and the ...
Powell provided a mixed message on the labor market. Several times he said it was strong. One time he said that the labor market is less tight yesterday than it was in 2019 before the pandemic.
Oct 10 (Reuters) - U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the ...