The trading day is looming large due to incoming earnings reports from big technology companies and…
Tag: Jerome Powell
Wall Street rides high into next week as traders brace for a major Fed decision and key earnings
The recent streak of gains in markets could be in jeopardy next week as traders come…
Good News for the Fed: Shoppers See Lower Inflation on the Horizon
Americans believe inflation rates for gasoline, education, medical care and food are nearing pre-pandemic levels.
Consumer Spending Streak Extended in May, Inflation Cooled
Consumers increased spending for a fifth straight month in May and inflation eased, as the Federal…
Jerome Powell Says Bank Failures Underscore Need for Stronger Regulation, Supervision
The Fed chairman says he “looks forward to evaluating proposals for such changes.”
Jerome Powell Says Bank Failures Underscore Need for Stronger Regulation, Supervision
The Fed chairman says he “looks forward to evaluating proposals for such changes.”
Nasdaq Continues Climb as Tech Rally Pushes On
Soaring shares in Apple and Tesla helped the Nasdaq Composite post modest gains, while other major…
Powell Says Rates Haven’t Been Restrictive Long Enough to Bring Inflation to Target
The Federal Reserve is likely to raise interest rates further even though officials this month decided…
Powell, Other Central Bankers Face Uncertain Inflation Outlook
After a sharp increase in rates last year, officials are worried about the prospect of a…