The Latest Breaking News from Jerome Powell

The uncertain performance came at the end of a painful week fuelled by worries about another disruptive China-US trade war.

Stocks finish down for the week amid the ongoing selloff in Treasury bonds.

December S&P 500 E-Mini futures (ESZ24) are down -0.58%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.90% this morning after Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to lower interest rates, while investors geared up for a flurry of U.S. economic data,…

Jitters over the health of the UK economy have been fuelled by today’s weaker-than-expected GDP release.

Asian shares are mostly higher after U.S. stocks slipped as the market’s rally following Trump’s election victory continued to cool

Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while traders also contemplated a hawkish Trump presidency.

Here's what could happen to interest rates next.

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next

Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that President-elect Donald Trump may seek to influence Fed policy.

The stock market is pulling back after big gains, with Fed chief Jerome Powell in "no hurry" to cut rates. Tesla tumbled on a report that Trump may seek to scrap EV credits. Palantir jumped late on a move tot he Nasdaq.

The main indexes closed lower Thursday after Fed Chair Powell said there's no rush to cut rates.