The Latest Breaking News from Jerome Powell

After a frenetic weekend of round-the-clock briefings, U.S. policymakers took the audacious step of guaranteeing all the deposits of the failed Silicon Valley Bank — even those exceeding the Federal Deposit Insurance Corporation's $250,000 limit

The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into what became the second-largest bank failure in U.S. history

Underlying U.S. consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision.

The Fed’s target of bringing inflation to 2% could see dramatic change in tumultuous aftermath of Silicon Valley Bank collapse

Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.

Following Fed Chair Jerome Powell’s testimony on monetary policy last week and February’s job report showing more job creation than expected, the probability of the Fed increasing interest rates have risen. However, given the rosy long-term prospects of the tech industry, fundamentally strong stocks Fortinet (FTNT), Teradata (TDC), and Box…

The government inflation report being released Tuesday is expected to show that price acceleration in the United States remained chronically high in February, putting the Federal Reserve in an unusually tough position

Treasury bonds surged, pushing key two-year yields to their lowest level this year, as investors bet the collapse of three US lenders will compel policymakers to halt interest-rate increases.

The Fed's anti-inflation measures had to hurt someone.

Plus: Fox News troubles, junk statistics about illicit economies, and more...

In addition to Fed Chair Jerome Powell’s hawkish statements last week, the recently released hotter-than-anticipated job report for February has simultaneously raised the odds for a higher rate hike this month. This weighed heavily on the investors’ sentiments. Against this backdrop, quality value stocks Honda Motor (HMC) and NetScout Systems…