Wall Street stocks surged to fresh records Wednesday, extending a post-election rally on optimism about more interest rate cuts and for an artificial Intelligence boom after strong Salesforce results.
We don’t know how big they’ll be. We don’t know the timing and duration…. We can’t really start making policy on that. We ...
Powell’s comments align with those of other Fed officials in recent days who backed a cautious approach to future reductions in borrowing costs.
Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P ...
With car prices and loan rates high, buyers hope federal interest rate cuts will lower car loan payments, easing financial ...
Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar, highlighting its volatility and speculative nature ...
Ahead of his appearance, investors had been leaning into an expectation for a third straight interest rate cut.
Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for ...
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Federal Reserve Chair Jerome H. Powell is confident the central bank will maintain its independence, despite signals from ...
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...