The Latest Breaking News from Jerome Powell

Layoffs climb sharply with last month’s rate the highest of any February since 2009 but expert says ‘job gains remain solid’

March S&P 500 E-Mini futures (ESH24) are trending down -0.17% this morning as market participants turned their attention to the crucial U.S. nonfarm payrolls report for further clues on the U.S. rate outlook.

A strong day for the all but one of the Magnificent 7 stocks fueled upside in the main indexes.

Jerome Powell's cautious approach to central bank digital currencies and the Federal Reserve's focus on thorough evaluation and stability.

Jerome Powell hints at potential interest rate cut by the Federal Reserve amid economic uncertainties.

The US Federal Reserve will start cutting interest rates this year so long as current economic trends continue, the head of the US central bank told lawmakers in Washington Thursday.

Stock futures for Nasdaq and S&P 500 show a slight increase as investors await economic data and Powell's testimony, reflecting cautious optimism.

Gold prices reach record highs as investors turn to the precious metal amidst economic uncertainty and Powell's hints at rate cuts.

March S&P 500 E-Mini futures (ESH24) are up +0.27%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.39% this morning as investors looked ahead to further testimony from Federal Reserve Chair Jerome Powell and a fresh batch of U.S. economic data while also awaiting a policy verdict from the…