The Latest Breaking News from Jerome Powell

Fed's Powell To Adjust Policy Based On Strong Data

Federal Reserve Chairman Powell and Treasury Secretary Jefferson to discuss 'restrictive' monetary policy in response to strong economic data, focusing on ...

Top News · Apr 16, 2024

As US inflation ticks back up, it could impact the presidential election

The fight against inflation is far from over and could reduce the chances of interest rate cuts for this year.

Al Jazeera · Apr 11, 2024

Why beating inflation is turning out to be as hard as losing weight

Annual inflation proved to be hotter than expected last month, staying stubbornly above 3%. It continues to move in the wrong direction in recent months. Pushing it lower is proving to be hard.

WEKU · Apr 10, 2024

Stocks Rise Before the Open as Investors Shift Focus to Key U.S. Jobs Data, ECB Minutes on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.30%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.43% this morning as investor attention turned to crucial U.S. jobs data due Friday after Fed Chair Jerome Powell reiterated that the central bank will likely reduce rates this year.

Barchart · Apr 4, 2024

Stocks Climb Before the Open as Investors Shift Focus to Key U.S. Jobs Data, ECB Minutes on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.30%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.43% this morning as investor attention turned to crucial U.S. jobs data due Friday after Fed Chair Jerome Powell reiterated that the central bank will likely reduce rates this year.

Barchart · Apr 4, 2024

Asian Markets Mixed After US Data, Eyes On Jobs Report

An equities rally that started at the back end of 2023 has stuttered in recent weeks after a string of reports suggested the economy was too strong and prices too sticky for officials to begin easing monetary policy this year.

Latin Times · Apr 4, 2024

Asian Markets Lifted By US Data And Fresh Rate Cut Hopes

Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.

International Business Times · Apr 4, 2024

Stock Market Today: Stocks End Mixed After Powell Speech

Intel and Walt Disney were two of the worst Dow Jones stocks Wednesday.

Kiplinger · Apr 3, 2024

Fed Chair Powell Emphasizes Independence From Politics

Federal Reserve Chair Jerome Powell discusses Fed's non-political stance and cautious approach to interest rates at Stanford's Business, Government, and So...

Top News · Apr 3, 2024

Cutting Rates Too Soon Could Be 'Quite Disruptive': Fed's Powell

The US Federal Reserve's high benchmark rate is "doing its job" against elevated inflation, chairman Jerome Powell said Wednesday, warning that lowering it too soon could be "quite disruptive" for the American economy.

International Business Times · Apr 3, 2024