The Latest Breaking News from Jerome Powell

Small-cap stocks, which had been underperforming for months, are now gaining investor interest, with the iShares Russell 2000 ETF (NYSE:IWM) drawing $1.5 billion in new inflows last week, according to FactSet data cited by Etf.com. The rally followed the Fed Chairman Jerome Powell’s speech at Jackson Hole, which indicated that…

“The risks are rising that we could see another ‘inflation mountain’ emerge over the coming months,” Apollo Global’s chief economist said.

Notable and experienced economists warn elected officials that attacks on the Fed ‘undermine’ public confidence

Gold has been in a holding pattern since April. With the Fed slated to cut rates in September, these ETFs could break out alongside the precious metal.

Wall Street traders betting on Federal Reserve rate cuts might want to pump the brakes. Bloomberg Chief U.S. Economist Anna Wong is throwing cold water on market optimism following Fed Chair Jerome Powell’s latest speech, and her data tells a compelling story about why the central bank isn’t rushing to…

Christine Lagarde issues warning about risks of undermining central bank’s independence

Efforts to oust Federal Reserve board member Lisa Cook and install allies could erode the bank’s autonomy, with consequences for inflation, market confidence and everyday borrowing.

There have been three occasions when a vote on the FOMC passed by a one-vote majority, though the last time it occurred was in 1973.

He doesn't understand or doesn't care about the consequences.

US consumer spending rose sharply in July, with higher demand for services driving inflation pressures. The latest figures highlight the challenge facing the Federal Reserve as it weighs rate decisions.

After surging to an all-time high of $3,500 per ounce in April, gold has cooled off, building a narrow base between $3,200 and $3,400. Rather than signaling exhaustion, this consolidation has formed an ascending triangle, a pattern that often precedes an upside breakout.