The Latest Breaking News from Jerome Powell

The Dollar's Comeback Tour Is Already Over—Blame Stagflation

The dollar may have staged a short-lived comeback in July, climbing more than 3% after its worst first-half in decades, but its summer surge is quickly unraveling as stagflation fears resurface.

Benzinga · Aug 21, 2025

Bitcoin dips ahead of Fed chair’s remarks at Jackson Hole

The world’s largest cryptocurrency is down almost 5% after notching an all-time high one week ago.

Fortune · Aug 21, 2025

Treasury Secretary quashes hopes that Americans will get rebate checks from tariffs

Bessent says debt, not rebate checks, will be administration’s priority for tariff revenue as prices rise for Americans

The Independent UK · Aug 21, 2025

Jackson Hole Preview: Don't Expect Powell To Wave The Rate-Cut Flag Yet

The Federal Reserve's Jackson Hole Economic Symposium kicks off Thursday, but all eyes are on Chair Jerome Powell's speech Friday at 10 a.m. ET. Markets are hoping for clues on interest rate cuts, but Powell is unlikely to commit just yet.

Benzinga · Aug 21, 2025

Powell dará su último discurso en Jackson Hole bajo la atenta mirada de Wall Street y Washington

Hace solo tres semanas, el presidente de la Reserva Federal, Jerome Powell, habló con los periodistas después de que el banco central mantuviera su tasa de interés clave sin cambios por quinta reunión consecutiva y afirmó que el mercado laboral era “sólido”.

The Independent UK · Aug 21, 2025

Monetary policy is not about interest rates, it's about the money supply

By ignoring the quantity theory of money and employing neo-Keynesian macroeconomic models, central bankers are often wrong-footed.

Fortune · Aug 21, 2025

Fed Minutes Reveal Hawkish Officials Still In Control: Economist Says 16% Effective Tariffs Put Inflation 'On The Front Burner'

Recently released minutes from the Federal Reserve's July meeting confirm that officials favoring a tough stance on inflation remain in control, opting to hold interest rates steady as they monitor the economic impact of tariffs.

Benzinga · Aug 21, 2025

Wall Street is scared that we’re looking at the end of the Fed’s independence

The bond market flinched yesterday, and stocks sold off.

Fortune · Aug 21, 2025

Powell Signals Rate Cuts in His Jackson Hole Speech. Here's What Wall Street is Saying

In his speech at the Jackson Hole symposium Friday, Fed Chair Jerome Powell said current conditions "may warrant" rate cuts.

Kiplinger · Aug 21, 2025

Stocks Slip Before the Open With Focus on Fed’s Jackson Hole Summit and U.S. PMI Data, Walmart Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are down -0.22%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.10% this morning, pointing to further losses on Wall Street, while investors await the Federal Reserve’s gathering at Jackson Hole, U.S. business activity data, and an earnings report from retail giant Walmart.

Barchart · Aug 21, 2025