Tag: Jerome Powell

What’s Driving Americans To Live Paycheck To Paycheck? One Person Says It’s Like Being ‘Thrown Into Adulthood Without A Map’

Market
Many Americans are stuck living paycheck to paycheck, and it's not just because they don't make enough money. While low wages and the rising cost of living are factors,...

Doubling tariff on steel, aluminium by US to disrupt India’s metal exports: Experts

Economy
New Delhi: US President Donald Trump's announcement to double tariffs on imported steel and aluminium will impact Indian exporters, particularly those engaged in value-added and finished steel products and auto-components, experts say. Expressing concern over...

US Stock Market: US stocks drop as Fed’s Powell says growth appears to be slowing; Nvidia tumbles

Stocks
NEW YORK: U.S. stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new U.S. curbs on its chip exports...

‘Wait for greater clarity’: US Federal Reserve to hold off altering interest rates

Business
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on...

Dollar resumes fall as investors wait on trade talks

Market
By Karen Brettell NEW YORK (Reuters) - The dollar resumed its fall on Wednesday with both safe-havens...

Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump

Stocks
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing...

1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Nike

Market
• Fed meeting, FOMC dot-plot, Powell news conference will be in focus this week. • Nvidia's GTC conference presents a...

US stocks rise on energy boost; jobs data, Jerome Powell’s remarks in focus

Stocks
Wall Street's main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report...

Fed’s Powell sees a ways to go on shrinking Fed holdings

Market
By Michael S. Derby NEW YORK (Reuters) - Over two days of testimony this week before Congress, Federal Reserve...

Fed in no hurry for rate cuts: Jerome Powell hints no change in US central bank’s policy stance

Business
Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing...

US President cannot remove a Fed board member under the law, says Jerome Powell

Stocks
The U.S. president has no legal authority to remove a member of the Board of Governors of the Federal Reserve System, Fed Chair...

Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged

Market
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Source link

US Fed pauses interest rate cuts, signaling a cautious approach ahead

Stocks
The US Fed on Wednesday paused interest rate cuts after its last slash, confirming an expected cautious approach to further reductions in the...

Stocks tanked after the Fed signaled fewer rate cuts next year. Here’s what Wall Street analysts see ahead.

Market
The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%....
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