CNBC Daily Open: Powell's comments drag investors down to earth from postelection high
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
Asia markets poised to climb after Wall Street falls on Fed Chair Powell's comments; China data in focus
China will release a slew of economic data, including retail sales and its urban unemployment rate for October.
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CNBC Daily Open: Powell emphasizes that elections won't sway Fed's policy
If inflation resurfaces because of the incoming administration’s policies, the Fed’s likely to stay its hand in lowering ...
Goldman Sachs' Robert Kaplan: Independent Fed is critical & Powell should be allowed to finish term
Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Power Lunch' to discuss whether ...
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
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Powell says he would not resign as Fed chief if Trump asked for his resignation
When asked whether he would step aside if President-elect Donald Trump asked him to resign, Powell simply said: “No.” Photo: via CNBC Federal Reserve Chairman Jerome Powell said Thursday ...
Trump 'Should Thank' Jerome Powell For Election Win, Says Wharton's Jeremy Siegel: '...His Overly Easy Policy During The Biden Administration Causing All That Inflation'
On Tuesday, Wharton economist Jeremy Siegel shared his views on the recent U.S. presidential election. He suggested that ...
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
CNBC Daily Open: ‘Higher for longer' rates could rear its head once again
Markets mixed after inflation data U.S. markets were mostly rangebound after the October inflation reading, with the S&P 500 ...
CNBC Daily Open: Fewer rate cuts on the horizon?
U.S. inflation picks up The headline inflation rate in the U.S. came in at 2.6% for October, in line with market expectations ...
CNBC Daily Open: Could ‘higher for longer' make a return?
With inflation ticking up and a possible inflationary landscape ahead due to Trump’s policies, could a “higher for longer” ...