The Latest Breaking News from Jerome Powell

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.

Corporate earnings have dominated Wall Street's attention this week, but that changes on Wednesday.

Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.

News of an EU-U.S. trade deal was met with muted reaction from market participants who are looking ahead to a jam-packed week.

President Trump has kept up his campaign for Federal Reserve Chair Jerome Powell to lower rates despite saying there was "no pressure."

September S&P 500 E-Mini futures (ESU25) are up +0.28%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.46% this morning, pointing to a higher open on Wall Street after U.S. President Donald Trump reached a trade deal with the European Union.

Investors will not be able to look away over the coming week as every single day could produce significant market-moving news.

Markets face a pivotal week as the S&P 500 navigates a perfect storm of Federal Reserve policy decisions, mega-cap technology earnings, and critical trade developments.

The past week has been a whirlwind of economic news, with President Donald Trump’s influence on the Federal Reserve and the U.S. economy taking center stage. From former Federal Reserve Chairs’ warning about potential economic damage to record-setting inflows into U.S. assets, the week was filled with significant developments.