Stocks Buoyed by Tech Rally With Powell in Focus: Markets Wrap
A rally in the world’s largest technology companies drove stocks higher, with traders wading through the latest economic data and awaiting Jerome Powell’s remarks for clues on the Federal Reserve’s ...
Stock market today: Indexes notch fresh records as Powell voices optimism on the US economy
Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P ...
Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the ...
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Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Traders stick with December rate-cut view after Powell speaks
Fed-funds futures traders continued to cling to the likelihood of a quarter-point rate cut at the Federal Reserve's next meeting in two weeks, even after Fed Chair Jerome Powell said officials can be ...
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Watch live: Fed Chair Jerome Powell speaks at Dealbook conference
Federal Reserve Chair Jerome Powell speaks Wednesday at the New York Times DealBook conference. The appearances comes two weeks ahead of when the central bank will announce its de ...
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Market expects a December rate cut
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...
Today's Mortgage Rates | Rates Are Down Slightly, but Affordability Remains an Issue
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we won't see them fall substantially ...