News

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

Mortgage Costs Weigh On Buyers as Fed Signals Rate Cut: What It Means for Housing

Jerome Powell has suggested policy shifts may be coming-and for the housing market, costs remain a critical pressure point.

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

TSX Futures Slip After Index Hit Record High on Rate Cut Optimism

(Reuters) -Futures tracking Canada's main stock index slipped on Monday after the index hit a record high in the previous ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Jefferies' David Zervos: 'No reason' for Fed to be waiting this long for rate cuts

David Zervos, Jefferies chief market strategist, joins CNBC's 'Closing Bell' to discuss Fed Chair Jerome Powell's dovish ...

Egypt central bank set to cut rates by 100 basis points

Egypt's central bank is likely to cut its key interest rates by 100 basis points on Thursday to support growth as inflation ...