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The Latest Breaking News from Jerome Powell

Federal Reserve set to cut interest rates – but still Trump won’t be happy

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

The Guardian - US

Jerome Powell finally teases a rate cut, but don’t worry — he’s not about to let Trump claim it as his latest ‘win’

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…

We Got This Covered

Powell Hints At Interest Rate Cuts, Wall Street Cheers With Big Rally: This Week In Markets

A week that began with a robust selloff in tech stocks, triggered by fading AI euphoria and a 20% drawdown in Palantir Technologies Inc. (NASDAQ:PLTR), ended with a euphoric rally across Wall Street, powered by unexpectedly dovish signals from Federal Reserve Chair Jerome Powell.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Dow Rips 846 Points to New All-Time High: Stock Market Today

Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.

Kiplinger

PayPal Stock Jumps As Powell's Dovish Tone Sparks Growth Rally

PayPal Holdings Inc (NASDAQ:PYPL) shares are surging Friday after Federal Reserve Chair Jerome Powell struck a surprisingly dovish tone at Jackson Hole, signaling that rate cuts may soon be on the horizon as the labor market cools.

Benzinga

Amazon Shares Pop As Powell Signals Looming Rate Cuts Amid Cooling Labor Market

Amazon.com Inc (NASDAQ:AMZN) shares are trading higher Friday afternoon after Federal Reserve Chair Jerome Powell struck a surprisingly dovish tone at Jackson Hole, signaling that rate cuts could be on the horizon as the labor market cools and economic growth slows.

Benzinga

Ethereum brushes record high after Fed chair says ‘balance of risks’ is shifting

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

Fortune

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‘Strongest signal yet’: Donald Trump’s latest power play is just another episode of ‘King for a Day’

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

We Got This Covered

Powell Delivers A Summer Surprise To Wall Street–And Your Wallet Wins

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

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Explode Higher After Dovish Powell Speech

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

Benzinga

Quantum Stock Tracker: IonQ, Rigetti, D-Wave Boosted By Rate Cut Hopes

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

Benzinga

3 Technology Stocks To Consider Buying On The Dip

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).

Benzinga

Why SoFi Technologies Stock Hit A New 52-Week High Today

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…

Benzinga

EU Pushes Digital Euro Plans Amid US Stablecoin Law, Weighs Public Blockchain Options

European policymakers are intensifying efforts to advance a digital euro after the United States approved sweeping legislation regulating the fast-growing stablecoin sector.

Benzinga

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news in one place.

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Benzinga

Plug Power Stock Is Surging Friday: What's Driving The Action?

Shares of Plug Power Inc (NASDAQ:PLUG) are trading higher Friday afternoon following Federal Reserve Chair Jerome Powell's dovish Jackson Hole remarks, as investors reposition toward growth equities amid rising odds of interest rate cuts.

Benzinga

Dow Hits Record Highs, Small Caps Soar On Powell's Shift: What's Moving Markets Friday?

A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated speech at Jackson Hole.

Benzinga

Bitcoin Tests $116,000, Ethereum Tops $4,600, XRP Hits $3 On Powell's Rate Cut Hints

Federal Reserve Chair Jerome Powell has signaled openness to potential interest rate cuts in September, fueling bullish momentum in crypto markets.

Benzinga

Opendoor Stock Rallies As Rate Cuts Could 'Unfreeze' Housing Market

Opendoor Technologies, Inc. (NASDAQ:OPEN) shares soared Friday as investors celebrated Federal Reserve Chair Jerome Powell's dovish remarks from Jackson Hole.

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Evening Standard

Stocks up as Powell leaves door ajar for rate cut

The FTSE 100 index closed up 12.20 points, 0.1%, at 9,321.40.

Benzinga

Why Jackson Hole Is The Fed's Mountaintop Moment—And Why It Matters More Than Ever

Imagine being Jerome Powell this week. On Friday, August 22, the Federal Reserve chairman will step onto the stage at the Jackson Hole Economic Policy Symposium — the most closely watched monetary retreat in the world — with markets, politicians, and even building contractors staring him down.

Benzinga

Why AMD Stock Is Rising Friday

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Friday after Federal Reserve Chair Jerome Powell signaled a dovish pivot at the Jackson Hole Symposium, raising expectations that interest rate cuts could arrive sooner than anticipated.

Fortune

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking again,” Slok said.

Benzinga

Why Palantir Technologies (PLTR) Stock Is Trading Higher Friday

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading higher Friday morning following Federal Reserve Chair Jerome Powell's unexpectedly dovish comments at Jackson Hole, which signaled that interest rate cuts may soon be on the table as labor market risks mount.

Benzinga

Bitcoin, Ethereum Surge As Jerome Powell Signals Potential Policy Adjustment At Jackson Hole

Federal Reserve Chair Jerome Powell on Friday used his Jackson Hole speech to acknowledge rising risks to U.S. employment, signaling the central bank may be preparing to shift its policy stance.

Benzinga

10 Stocks Rocketing After Powell's Dovish Shift

Federal Reserve Chair Jerome Powell shifted his tone Friday at Jackson Hole, warning that "downside risks to employment are rising" and that the Fed "may warrant adjusting" its policy stance if the economic slowdown continues.

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