Fed is 'close but not there' on getting inflation under control, Powell says
Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture that the Fed is "close but not there" on getting inflation back to its 2% ...
Stock market today: Dow, S&P 500, Nasdaq slip as hot inflation data spooks markets
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading. The Dow ...
Nymex Overview: Crude, Product Futures Slide After US Data, Fed Comments -- OPIS
At 12:10 p.m. ET, most-active April NYMEX West Texas Intermediate crude oil fell $1.60 to around $71.50/bbl, and front-month March WTI also slid $1.65 to $71.65/bbl. London-based ICE Brent crude for ...
ASX to rise, Wall St slips on January CPI miss
Australian shares are poised to open higher. US inflation data weighs on Wall Street as rate outlook further clouds. Follow updates here.
Powell Says Easing Bank Capital Requirements Could Help Treasury Market
In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks could also improve the functioning of the all-important U.S. Treasury ...
Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...