Powell
Stock Market Today: Dow flat after Powell remarks as investors await key inflation reading MarketWatch Source link
(Bloomberg) — Stocks fell on mixed earnings and renewed concern about higher-for-longer US interest rates, with all eyes on the Federal Reserve’s policy decision due later Wednesday. Brent crude sank for a third day. Most Read from Bloomberg The risk-off mood prevailed as contracts on the S&P 500 pointed to more losses on Wall Street […]
(Bloomberg) — Federal Reserve Chair Jerome Powell joined a chorus of US officials who have argued that mounting bad commercial real estate loans will likely cause some bank failures, but don’t pose a risk to the overall system. The central bank chief told lawmakers on the Senate Banking Committee on Thursday that the Fed is […]
The Amazon (AMZN) bra-buying trade. Victoria’s Secret (VSCO) truly had a disastrous earnings day last night, not unlike what happened at fellow mall dweller Foot . . .
By Samuel Indyk and Brigid Riley LONDON (Reuters) -The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank’s policy announcement on Thursday. Meanwhile, bitcoin was picking up a head of steam […]
WABASHA, Minn.- The National Eagle Center recognized Black History Month by hosting a new exhibit, General Colin Powell’s first Medal of Freedom. Powell, the first African American United States Secretary of State, received the Medal of Freedom twice in his life once as a member of the Joint Chiefs of Staff under President George H.W. […]
Federal Reserve chair Jerome Powell has made clear over several public appearances in the last week that it’s unlikely the central bank cuts interest rates in March. But stock market bulls aren’t worried about the shift . . .
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For weeks ahead of their final meeting of 2023, Federal Reserve officials appeared to have one goal in mind: keep as much flexibility over monetary policy as possible to finish off what has become an […]
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Federal Reserve chair Jay Powell faces a tough balancing act this week to maintain flexibility in the US central bank’s policy plans in the face of intense pressure to reveal when and by how […]