The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome Powell said Thursday, a week after the bank cut interest rates for a second ...

The data, coupled with Powell's comments, saw traders sharply pare bets that the Fed will cut rates by 25 basis points in December, with CME Fedwatch showing traders pricing in a 51.7% chance rates ...

Powell cites economic strength for rate caution Stocks declined on Thursday as the post-election rally lost momentum, with investors reacting to Federal Reserve Chair Jerome Powell's comments ...

The U.S. economy is in strong shape, Federal Reserve chair Jerome Powell said Thursday, which means the central bank can move carefully as it cuts interest rates. Why it matters: The direction of Fed ...

Those ever-present TV drug ads showing patients hiking, biking, or enjoying a day at the beach could soon have a different ...

Major U.S. equity averages fell to session lows Thursday afternoon, after Federal Reserve Chairman Jerome Powell said economic conditions do not warrant a quick pace in lowering interest rates. ...

The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...

Stocks extended losses after Jerome Powell signaled the Federal Reserve is in no rush to cut rates as the economy is holding up.

The major averages fell Thursday as Fed Chair Powell signaled patience in the pace of lowering interest rates.

Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September.

Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...