Vaccine makers, packaged food cos fall after RFK Jr. appointment; Indexes down: Dow 0.70 per cent, S&P 500 1.32 per cent, Nasdaq 2.24 per cent.

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

Markets digesting Federal Reserve Chair Jerome Powell's recent comments on economy

The Federal Reserve cut interest rates by a quarter of a percentage point while chair Jerome Powell addressed concerns about his future when Donald...

The Federal Reserve cut interest rates by a quarter of a percentage point while chair Jerome Powell addressed concerns about his future when Donald...

While traders are still betting on a 25-basis point reduction at the US Fed's December meeting, the probability has fallen to 62 per cent.

Fed recently announced 25-basis-point interest rate cut

Federal Reserve Chair Jerome Powell said he would not leave his post if asked by President-Elect Donald Trump.

Fed Chair Powell signals no rush for rate cuts; Dollar strengthens, euro weakens amid policy divergence; Goldman Sachs sees risk of slower Fed easing.