The Latest Breaking News from Jerome Powell

CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares are trading higher Wednesday. Concerns over potential Iranian cyberattacks may have pushed investor interest toward cybersecurity stocks.

The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome Powell told a Senate committee.

Tom Lee, the head of research at Fundstrat Global Advisors, highlighted a crucial factor that could explain why the European Central Bank (ECB) has been able to cut interest rates while the U.S. Federal Reserve (Fed) has not.

The U.S. Federal Reserve is bracing for potential Iranian cyberattacks following recent military actions, with Chair Jerome Powell confirming the central bank’s vigilance.

Asian shares have logged modest gains after U.S. stocks climbed to near their all-time high

Kansas City Federal Reserve President Jeff Schmid said on Tuesday that the central bank has sufficient time to analyze rising import tariff impacts on inflation and economic growth before implementing further interest rate cuts.What Happened: “The current posture of monetary policy, which has been characterized as ‘wait-and-see,’ is appropriate,” Schmid…

The situation in the Middle East prompts Donald Trump to drop the f-bomb; assessment questions US strikes on Iran – key US politics stories from Tuesday 24 June

With President Donald Trump brokering a ceasefire between Israel and Iran, the major indices have predictably swung higher. Still, this normalization shifts the fundamental spotlight back to the economy, where an underlying truth cannot be avoided: many consumers are struggling amid significant challenges. From a pragmatic perspective, this dynamic could…

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that the central bank continues to monitor the threat of inflation.