The Latest Breaking News from Jerome Powell

President has pressured Jay Powell to slash rates but central bank is trying to find right balance amid tariff tailspin

Federal Reserve Chair Jerome Powell recently spoke at the central bank’s annual conference, where he hinted that a change to interest rates might be coming soon. In his speech, Powell described two competing risks for the U.S. economy. Still, he seems to be giving in to Trump’s demands for a…

Investors interpreted Jerome Powell’s remarks as evidence for September rate cuts.

Unfortunately, not everyone’s impressed by his royal tantrums.

Federal Reserve Chair Jerome Powell just gave Wall Street—and Main Street—a reason to celebrate.

Cryptocurrencies rallied on Friday after Federal Reserve Chair Jerome Powell hinted at possible September interest rate cuts, fueling optimism across digital assets.

Quantum stocks saw a much-needed boost on Friday as markets rallied following surprisingly dovish remarks from Fed Chair Jerome Powell.

The benchmark SP 500 Information Technology Index is down 1.50% for the past week, as AI stocks were stuck in a blender that affected big names like Palantir (NASDAQ:PLTR), Nvidia (NASDAQ:NVDA), and Amazon (NASDAQ:AMZN).

Shares of SoFi Technologies Inc (NASDAQ:SOFI) are climbing Friday afternoon, hitting a new 52-week high, after Federal Reserve Chair Jerome Powell struck a notably dovish tone in his Jackson Hole remarks, signaling that downside risks to the labor market are rising and that interest rate cuts may be warranted if…