The Latest Breaking News from Jerome Powell

US job market shows signs of recovery post-pandemic with positive outlook from Federal Reserve Chair Powell.

"I am skeptical that the key economic data over the next seven weeks are going to add to the FOMC’s confidence."

Inflation may no longer dictate the pace of Federal Reserve rate cuts

Small-cap stocks are gaining attention, with the Federal Reserve considering rate cuts in September. Hence, now could be the perfect moment to invest in promising growth stocks such as NewLake Capital Partners (NLCP), Immersion Corp. (IMMR), and Power Solutions International (PSIX), which seem to offer impressive upside potential in this…

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September Nasdaq 100 E-Mini futures (NQU24) are up +0.36% this morning as strong quarterly results from Meta Platforms and dovish comments from Federal Reserve Chair Jerome Powell boosted sentiment, while investors awaited a new round of U.S. economic data and earnings reports.

Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon

The ASX200 gained 0.3 per cent to close above 8,100 for the first time after Fed chairman Jay Powell talked up a September rate cut in the United States.

Techs led stocks higher as key earnings revived AI optimism and Fed chief Jerome Powell said a September rate cut is possible.