Jerome Powell
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns
Business
The Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for ...
US indexes rally after cool inflation data
Business
U.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters of the Federal Reserve on December 13, ...
Stock market news for May 20, 2024
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Traders work on the floor at the New York Stock Exchange on May 17, 2024. Brendan Mcdermid | Reuters The Nasdaq Composite ...
Futures climb as Fed allays rate-hike worries
Business
(Reuters) – U.S. stock index futures advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed fears ...
Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink
Business
(Bloomberg) — Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes ...
Powell Is Poised to Keep Fed on Higher-for-Longer Path
Business
(Bloomberg) — Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long ...
Trump to set interest rates himself under secret presidential plan
Business
Donald Trump ‘could let inflation rip’ if he wins the US election, economists fear – Jeena Moon/POOL Bloomberg Donald Trump’s aides have ...
How Jay Powell and the Fed pivoted back to higher for longer
Business
For months, Federal Reserve Chair Jay Powell offered assurances about rate cuts in 2024, arguing that hotter-than-expected inflation reports were all part ...