Federal Reserve Chair

New inflation reading ‘along the lines of what we want to see’: Fed’s Powell

Business
Jessica Roberts

Federal Reserve Chair Jerome Powell said that a new inflation report released Friday is “along the lines of what we want to ...

Rate cuts likely at ‘some point’ this year: Fed’s Powell

Business
Jessica Roberts

Federal Reserve Chair Jerome Powell told House lawmakers Wednesday that interest rate cuts are likely “at some point” in 2024, and that ...

Stocks Rise as Traders Seek Rate Clues From Powell: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Stocks rose after a two-day selloff, as traders waited to see if Federal Reserve Chair Jerome Powell will continue to ...

Futures ease ahead of economic data, megacap growth stocks slide

Business
Jessica Roberts

(Reuters) – U.S. stock index futures dipped on Tuesday as investors awaited a slew of economic data and several key events this ...

Treasuries Extend Fall as Powell Adds to Jobs Blow: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Treasuries resumed a selloff early Monday as Federal Reserve Chair Jerome Powell warned against the likelihood of a rate cut ...

Gold Hits Record, Bitcoin Climbs Amid Fed Cut Bets: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Gold surged to a fresh record and Bitcoin pierced $40,000 in early Asian trading as markets shrugged off Federal Reserve ...

Stocks Slip Before Powell Speech; M&S Rallies: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Stocks edged lower as investors awaited clues on the path of interest rates from a raft of central bank officials ...