Tag: Jerome Powell

Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025

Market
Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would...

dow jones: Wall Street drops at the open after Powell dents rate-cut hopes

Stocks
Wall Street's main indexes opened lower on Friday, after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts,...

US Futures Retreat as Post-Election Rally Stalls: Markets Wrap

Market
(Bloomberg) -- US futures fell after Jerome Powell signaled the Federal Reserve was in no rush to cut interest...

Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Market
Indexes slipped Thursday as traders focused on remarks from Fed Chair Jerome Powell. ...

What to know this week

Market
All three major indexes pressed to record highs after Donald Trump won the 2024 presidential election.For the week, the S&P 500 (^GSPC) and...

Asian Shares Pare Gains as Focus Switches to China: Markets Wrap

Market
(Bloomberg) -- Asian equities pared gains Friday as investors awaited the outcome of a key legislature meeting in China...

Fed’s Powell: Will not quit even if asked by Trump

Business
Federal Reserve Board Chairman Jerome Powell speaks during a news conference. Federal Reserve Chair Jerome Powell made clear he’s ready to defend...

Fed cuts rates, notes labor market easing and solid economic growth

Stocks
WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job...
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