Interest Rates

Risk aversion dominated Wall Street in the final session of the week, driving sharp losses across major indices. Investors grappled with growing uncertainties surrounding the economic impacts of Donald Trump's policies and the Federal Reserve’s next moves. Fed Chair Jerome Powell's remarks...

October retail sales in the United States grew more than expected and their annual growth recorded the highest pace since July 2024, suggesting that U.S. consumers showed continued resilience in their spending habits ahead of the presidential elections. Retail and food services sales reached $718....

Federal Reserve Chair Jerome Powell's unexpectedly hawkish remarks on Thursday sent markets into a tailspin. Major U.S. equity indices closed in the red, and the dollar soared for a fifth consecutive session. In a speech to Dallas business leaders, Powell highlighted the remarkable strength of the...

Federal Reserve Chair Jerome Powell indicated Thursday the remarkable strength of the U.S. economy is not sending any signals that policymakers “need to be in a hurry to lower rates.” Powell’s remarks came at an event organized by the Dallas Regional Chamber on Thursday, just a...

Producer inflation in October came slightly higher than anticipated Thursday, casting doubts on whether the U.S. economy's broader disinflationary trend will hold through the year’s final quarter. Compared to October 2023, the Producer Price Index (PPI) surged to 2.4% last month, up from...

Investors can breathe a sigh of relief as October inflation data met economists’ expectations, though the annual headline rate showed a slight uptick from the previous month. As anticipated, the Consumer Price Index (CPI) rose 2.6% year-over-year in October, marking an increase from September...

Editor’s note: This story has been updated with additional details. After six consecutive months of easing, the annual inflation rate, as measured by the Consumer Price Index (CPI), reversed course in October, climbing to 2.6% as expected. This outcome casts doubt on the disinflationary...

Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in December if inflation data comes in hotter than expected. In an interview with Yahoo Finance, Kashkari also shared his views on inflation, the labor market and the potential effects...

Risk assets have surged since Donald Trump's 2024 presidential win, fueled by investor optimism for tax cuts and renewed hopes of financial sector deregulation. Yet, markets may face a reality check on Wednesday when October inflation data is released, as signs of lingering price pressures could...

Home Depot Inc (NYSE:HD) could highlight the impact of the 2024 election, interest rate cuts and hurricanes when the company reports third-quarter financial results Tuesday, before the market opens. Earnings Estimates: Analysts expect Home Depot to report third-quarter revenue of $39.17 billion,...

Donald Trump‘s election as the 47th president of the United States sent Wall Street into a frenzy, driving major stock indexes to once again break record highs. Investors are betting that Trump’s potential policies — such as lower corporate and individual taxes, coupled with...

The re-election of Donald Trump has reignited one of the most contentious debates among investors: Can the president-elect remove Federal Reserve Chair Jerome Powell? Trump has been critical of Powell's handling of interest rates since appointing him in 2018, and many have speculated that a Trump-...

The Fed's widely anticipated 25 basis point rate cut on Thursday left investors with a sense of relief – but not certainty. According to JPMorgan analyst Maia G Crook. While Federal Reserve Chair Jerome Powell acknowledged the U.S. economy's resilience, inflation remains a nagging issue. In the...

The U.S. stock market closed at record highs Thursday after the Federal Reserve's widely expected decision to lower interest rates and Fed Chair Jerome Powell's press conference where he reassured markets by dismissing concerns about his potential resignation or removal following the election of...

Federal Reserve Chair Jerome Powell firmly dismissed speculation Thursday over his potential resignation or removal upon Donald Trump‘s return to the White House, stating the president cannot legally fire the central banker. At the press conference following the Federal Reserve’s...