The Latest Breaking News from Jerome Powell

Fed Resumes Interest Rate Hikes: What the Experts Are Saying

A hawkish Federal Reserve dashes hopes for a definitive end to rate hikes soon.

Kiplinger · Jul 26, 2023

The Fed's hot pause summer gets an ice bath: Interest rates rise again

After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights

WEKU · Jul 26, 2023

A Fed still wary of inflation is set to raise rates to a 22-year peak. Will it be the last hike?

Even after inflation has steadily eased this year, the Federal Reserve’s policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday

The Independent UK · Jul 26, 2023

Federal Reserve Expected To Raise Rates To Highest Level In 22 Years Amid Inflation Concerns‌

ECB also likely to hike rates; attention shifts to policy outlook for the rest of the year.

Zenger · Jul 24, 2023

Stock Market Today: Dow Brings Win Streak to 10 Ahead of Big Tech Earnings

While the Dow extended its longest win streak in years, tech stocks lagged ahead of Monday's major Nasdaq-100 rebalancing.

Kiplinger · Jul 21, 2023

Central Banks Increasing Gold Reserves As Haven Asset Demand Grows

Gold's Role as Safe Haven Asset Reemerges Amid Rising Global Debt

Zenger · Jul 21, 2023

Fed Set To Raise Rates, Uncertainty Looms For Stock Market

Investors await Fed Chair Powell's remarks for clues on future rate hikes.

Zenger · Jul 21, 2023

Fed To Strengthen Capital Requirements For Big Banks After Recent Failures

Proposed changes would mandate larger banks to hold additional capital as buffer against potential losses.

Zenger · Jul 11, 2023

DeSantis struggles to separate from Trump on policy when campaigning for 2024

Florida Gov. Ron DeSantis often tells Republican voters on the campaign trail that they should choose him because he is embracing big, bold policy positions that prove he is the presidential candidate most ready to wage an all-out battle on the political left.

Miami Herald · Jul 7, 2023

Fed minutes reveal divisions over decision to pause in June

WASHINGTON — Federal Reserve officials were less united at their June meeting than their unanimous decision suggested, as some favored interest-rate increases but went along with the move to leave policy unchanged.

Tribune News Service · Jul 5, 2023