Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month. “It’s not a done deal.”

Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a percentage point this year and a full percentage point further next year,

U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve interest rate cut kept fading.

U.S. stocks are falling again Friday as their big rally following last week’s presidential election and cut to interest rates continues to fade. The S&P 500 was 0.7% lower in early trading. The Dow Jones Industrial Average was down 141 points,