News

The stock market soared following Fed Chair Powell’s speech. Why it might just be a ‘late-summer rally.’

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday ...

Powell suggests rate cuts are coming — but not because Trump demanded them

The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in ...

The Fed, The Future, And Trump’s War Against The Powell And The Agency

Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary ...

Fed's Powell Issues New Trump Tariffs Warning

Federal Reserve Chair Jerome Powell warned that President Donald Trump 's tariffs are pushing consumer prices higher and ...

Stock Market on Aug. 22, 2025: Dow surges to first record close of 2025 after Powell opens door to rate cut; S&P 500 and Nasdaq end sharply higher

Fed Chair Jerome Powell sparked a stock-market rally Friday, with his Jackson Hole speech opening the door to an interest rate cut in September.