Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Jerome Powell

Reserve Bank faces new inflation headwinds as immigration surges

This week's interest rates decision will be a tough one that may yet disappoint mortgaged homeowners and turn NZ back down the path to recession, writes Andrew Patterson.

Newsroom.co.nz

Dow Jones Futures Rise: Biden-McCarthy Debt-Ceiling Talks Loom; China Move Hits Micron

President Biden and House Speaker McCarthy hold debt-ceiling talks today. Micron fell on new China sanctions, with other chip stocks down.

Investors Business Daily

Powell steers policy debate with clear signal on June rate pause

Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pause interest-rate increases next month, taking command of the policy debate after several officials suggested they wanted to keep hiking.

Tribune News Service

From analysis to the latest developments in health,
read the most diverse news in one place.

Stock Market Today: Stocks Turn Lower Amid Debt Ceiling Setback

The major indexes swung lower Friday after lawmakers reached an impasse in debt ceiling negotiations.

Kiplinger

Stock Market Down For The Day, Gains For The Week; Warren Buffett's Berkshire Buys More OXY

The stock market posted losses for the day after the debt ceiling talks stalled. Several shoe stocks got pulled down by an earnings report.

Investors Business Daily

Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month

Chair Jerome Powell indicated that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation

The Independent UK

Fed Chair Jerome Powell Says Bank Crisis May Limit Need For New Rate Hikes

Fed Chair Jerome Powell said fallout from the US banking crisis could mean rates might not have to rise as high as they normally would given the level of inflation.

The Street

Read news from The Economist, FT, and more,
with one subscription

Powell and Bernanke Talk Fed Policy As Markets Bet On Rate Cuts

Fed Chair Jerome Powell and former Fed Chair Ben Bernanke talk monetary policy in a live panel.

The Street

Dow Jones Rises Ahead Of Powell Speech; Warren Buffett Boosts Stake In Occidental

The Dow Jones Industrial Average rose Friday ahead of Fed Chair Powell's speech. Warren Buffett boosted his stake in Occidental to nearly $13 billion.

Investors Business Daily

Stocks Nudge Higher, Powell In Focus, Deere Earnings, Microsoft-Twitter Spat, Regional Banks Rally - 5 Things To Know

S&P 500 rally continues as global stocks catch U.S. Tailwind; Fed Chair Powell speaks in Washington as rate hike bets jump; Deere earnings on deck with industrial demand outlook in focus; Twitter says Microsoft misusing data as AI race heats up and U.S. banks trim Fed borrowing as regionals extend…

The Street

S&P Futures Tick Higher Ahead of Powell Speech, U.S. Debt Deal Optimism Boosts Sentiment

June S&P 500 futures (ESM23) are trending up +0.18% this morning as market participants weighed the latest updates on negotiations in Washington to reach a debt-ceiling deal while awaiting a key speech from Fed Chair Jerome Powell.

Barchart

Persistently high inflation is causing a split among Federal Reserve officials over next steps

The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes in March 2022

The Independent UK

Recession Calls Keep Getting Pushed Back, Giving Soft Landing Believers Hope

Defying sharp rate hikes, unemployment stays low and consumers resilient.

Businessweek

Stocks Set to Open Higher as Investors Await Powell Speech, Debt Ceiling Optimism Lifts Sentiment

June S&P 500 futures (ESM23) are up +0.39%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.32% this morning as market participants awaited an update on plans to raise the U.S. debt ceiling while bracing for a key speech from Fed Chair Jerome Powell.

Barchart

Get all your
news in one place.

100’s of premium titles.
One news app.

Barchart

Stocks Set to Open Higher as Investors Await Powell Speech, Economic Data

The Independent UK

Little progress has been made in curbing too high inflation, Fed's Jefferson says

Federal Reserve governor Philip Jefferson says inflation remains too high and there has been “little progress” made toward bringing it down to the central bank’s 2% target

Kiplinger

Stock Market Today: Stocks Slip as Consumer Sentiment Slides

Concerns about the debt ceiling also weighed on stocks Friday.

The Independent UK

Biden taps Philip Jefferson to be Fed's vice chair, Kugler as first Hispanic on Fed board

President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board

Get all your
news in one place.

100’s of premium titles.
One news app.

Zenger

US Economy On The Edges As Banks Continue To Fail And The Fed Raising Interest Rates

The S&P 500 logged a weekly gain following the release of encouraging inflation data and a weaker-than-expected first-quarter.

The Street

Famed Investor Says Jerome Powell Is Making the Biggest Mistake in the History of the Fed

The chances of a soft landing are slim in his opinion.

Kiplinger

Stock Market Today: Stocks Lose Steam After CPI Report

Stocks wavered after the April CPI report supported the case for the Fed to stop raising rates – but not cut them.

Kiplinger

April CPI Report: What the Experts Are Saying About Inflation

A lower-than-expected CPI report helps the case for the Fed to pause in its campaign of rate hikes.

Investors Business Daily

CPI Inflation Rate Falls Below 5% As Service Prices Cool; S&P 500 Fizzles

The CPI inflation rate eased in April, as did core inflation as service prices, the Fed's big worry, showed signs of cooling.

The Independent UK

Americans likely saw little relief from inflation in April

After steadily declining for nearly a year, consumer price data to be released Wednesday will likely show that U.S. inflation remained stubbornly high in April, a sign that it might be entering a newer, stickier phase

Fortune

America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money

If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit.

1 … 56 57 58 59

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.