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You Searched For "Jerome Powell FOMC" and got 15 results


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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…

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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%…

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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…

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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   


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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   


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Rupee rises 6 paise to close at 83.13 against US dollar

The rupee appreciated 6 paise to close at 83.13 (provisional) against the US dollar on Thursday, su…

PTI   


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Gold jumps ₹500 to scale record high of ₹65,650 per 10 grams

Gold prices on Thursday jumped by Rs 500 to Rs 65,650 per 10 grams in the national capital amid a r…

PTI   


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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   


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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   


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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   


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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   


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Here's what Wall Street expects from Jerome Powell at Jackson Hole

A stock sell-off in August, prompted in part by rising bond yields, means traders are listening clo…

Phil Rosen   


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To fight sky-high inflation, the Federal Reserve just raised interest rates three times faster than usual — and the most since since 1994

The central bank lifted its benchmark interest rate by three-quarters of a percentage point on Wedn…

Ben Winck   


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Dow notches longest winning streak since 1987 after latest Fed rate hike

The Dow Jones Industrial Average managed to finish the day higher, hitting a 13-day win streak. "If…

Matthew Fox   


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Jerome Powell doesn't see a recession in 2022 despite the Fed cutting off its economic support

New risks to the recovery have emerged. Still, "the probability of a recession within the next year…

Ben Winck