ASX climbs. J O Hambro’s Mehta picks Tencent Music. IMF’s Bannan picks Corporate Travel. Ellerston’s Kourtis picks Perpetual.

The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.

Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...

Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...

Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...

Federal Reserve Chairman Jerome Powell said in a speech that the "economy is not sending any signals that we need to be in a ...

Federal Reserve chairman Jerome Powell said the strong US economy has given central bankers room to lower interest rates at a ...

While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any ...

That action follows a losing day on Wall Street as the postelection upswing continued to show signs of fizzling. The Dow fell ...

The three major U.S. stock indexes fell along with the Trump Trade, which had been pushing up stock prices, and Federal Reserve Chairman Jerome Powell's ...

This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome ...