The Latest Breaking News from Jerome Powell

Stocks Set for Muted Open as Investors Await U.S. Jobs Data and Powell Speech

December S&P 500 E-Mini futures (ESZ24) are down -0.08%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.09% this morning as market participants looked ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials as well as a fresh batch of U.S. labor market data, with…

Barchart · Sep 30, 2024

Stock Market Today: S&P 500 Hits New High as Micron Soars

The main indexes gained ground Thursday as strong earnings from memory chipmaker Micron fueled AI optimism.

Kiplinger · Sep 26, 2024

Stock market today: Markets come down from China stimulus highs

The market cooled Wednesday after a report that consumer confidence is down, and as investors wait to see what Federal Reserve chair Jerome Powell will say in a Thursday speech.

Fortune · Sep 25, 2024

Biden Touts Economic Progress, Criticizes Trump's Policies

President Biden discusses the Federal Reserve's rate cut, critiques Trump's economic policies, and emphasizes economic recovery in a speech at the Economic...

Top News · Sep 19, 2024

Jerome Powell says the Fed can’t fix the housing crisis

“This is not something that the Fed can really fix,” he said after delivering a historic rate cut.

Fortune · Sep 19, 2024

OPINION - The one metric where the UK economy beats the US

Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…

Evening Standard · Sep 19, 2024

Gold $3,000 is Coming. Here's How to Invest.

Western investors, through physical ETFs, are finally joining the global gold rush led by central banks, Asian investors, and wealthy investors. Holdings of physically backed gold ETFs have risen by 90.4 tons, equivalent to $7.3 billion, since May, according to data from the World Gold Council, and GLD holdings expanded…

Barchart · Sep 19, 2024

What the Fed's interest rate cut means for investors

Are we looking at a recession, or soft landing? Either way, a rate-cutting environment has big implications for your stocks, bonds, and savings.

Fortune · Sep 19, 2024

Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo

"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision as a group and then we announce it. That's always what it is, it's never about anything else."

Fortune · Sep 19, 2024

Jerome Powell's sunny economic outlook clashes with the Fed's bold interest rate cut

Is it possible to decouple interest rates and hiring in the coming years?

Fortune · Sep 19, 2024