The Latest Breaking News from Jerome Powell

Divisive vote to lower rates highlights uncertainty within the Fed as economy absorbs major shakeups, including tariffs

Jerome Powell’s Federal Reserve will likely deliver its final cut of the year on Wednesday. But Claudia Sahm is already looking ahead.

Silver prices have roughly doubled this year, climbing over $60 an ounce, pushed up by a supply deficit, tariff uncertainty, and expectations of Federal Reserve interest rate cuts.

December S&P 500 E-Mini futures (ESZ25) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.05% this morning as investors refrain from making big bets ahead of the Federal Reserve’s final interest rate decision of the year, with all eyes on the central bank’s outlook for interest…

The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powell may send regarding the central bank’s next steps

Citigroup stock looks like a good buy, irrespective of the Fed rate cut decision Wednesday.

The latest JOLTS report shows hiring stuck at 3.2% and quits falling again as the Fed prepares to cut rates.

Small-cap stocks outperformed Tuesday on expectations that the Fed will cut interest rates on Wednesday.

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut