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5 mins read
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Feder…
Alice Tecotzky
2 mins read
US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions
The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…
2 mins read
What can you expect from the US Fed meeting later this week? Here's all you need to know
The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…
2 mins read
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …
Kelly Cloonan
2 mins read
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week wer…
Kelly Cloonan
2 mins read
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave…
Ayelet Sheffey
2 mins read
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
2 mins read
Fed meeting starts today, rate cut on the cards. Here’s what experts are saying
The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…
2 mins read
Stock market today: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend…
Matthew Fox
2 mins read
Here's how Jerome Powell could surprise markets with his Jackson Hole speech
"A possible hawkish surprise might be highlighting instead that broad financial conditions are stil…
Matthew Fox
2 mins read
Stock market today: US stocks rise ahead of Jerome Powell's speech at Jackson Hole
The past three Jackson Hole speeches have been followed by an average one-month decline of 4% in th…
Matthew Fox
2 mins read
Stock market today: Stocks end lower as markets brace for Powell's Jackson Hole speech
Indexes fell Thursday as investors wait for comments on rate cuts and the economy from Jerome Powel…
Kelly Cloonan
2 mins read
Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen
Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illum…
Kelly Cloonan
2 mins read
Stock market today: Dow rises 462 points as stocks rally after Powell says rate cuts are coming
"The Powell pivot is here, as the Fed has now firmly turned dovish," Carson Group strategist Ryan D…
Matthew Fox
2 mins read
Wall Street is fixated on Powell's speech Jackson Hole this week after his 'Volcker Moment' there 2 years ago
Expectations are rising for Fed interest rate cut after inflation slowed in July. Meanwhile, the US…
Huileng Tan
2 mins read
Powell's rate-cut signal hits the US dollar — but strong stock markets could limit the blow, says Goldman Sachs
Strong US stock market performance could limit the dollar's downside — even if the Fed is easing, a…
Huileng Tan
4 mins read
Glen Powell's parents have always been this extra
Glen Powell's parents went viral after they trolled him on the red carpet at a special screening of…