Stocks steady; sanguine Powell knocks bonds and gold
Stocks and dollar held steady on Wednesday ahead of U.S. inflation data that could uphold Federal Reserve Chair Jerome Powell ...
S&P 500 Jumps Despite Fed Chair Jerome Powell’s Interest Rate Warning
The S&P 500 (SPX) jumped today despite a warning from Federal Reserve Chairman Jerome Powell about future interest rate cuts. Powell noted ...
Donald Trump Blames Biden For Hot Inflation Data As Fed Chief Jerome Powell Grilled On Capitol Hill
U.S. inflation accelerated last month, unwelcome news that make lower interest rates less likely any time soon.
Stocks flat, US yields higher after Powell comments
A gauge of global stocks was little changed after erasing earlier declines, while U.S. Treasury yields advanced on Tuesday as ...
US Stocks Set For A Cautious Start Ahead Of Inflation Data: Expert Says 'Strong Bull Markets Tend To Roar Back To Life After Corrections'
U.S. stock futures fell on Wednesday after a mixed close on Tuesday as Federal Reserve Chairman Jerome Powell Congress ...
Powell tells Congress that Fed still in no rush to lower rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Stocks tumble, dollar rallies as US inflation heats up
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...