The Latest Breaking News from Jerome Powell

The US central bank, the Federal Reserve, has recently signalled that it will keep interest rates high for as long as it takes to bring inflation down to its 2% target.

Major cryptocurrencies traded with mixed results on Sunday evening, reacting to Federal Reserve Chair Jerome Powell’s speech

While we shouldn’t read too much into the Brics expansion, the geopolitical landscape is shifting

As the world has become increasingly interconnected, the global financial markets offer many opportunities for savvy traders. One such opportunity lies in the Euro currency as it aimlessly muddles, attempting to find direction. Can a small window seasonal pattern provide a trade in the Euro currency?

Stocks popped then dropped after the Fed chair warned that more rate hikes could come down the pike, but then stabilized into the close.

The central bank remains committed to reaching its 2% inflation target.

The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.

Early in Friday trading, more stocks are up on the NYSE and Nasdaq than down, with Nvidia still leading the charge. Sea is leading the way when it comes to unusual call option activity. Two others have caught my eye.

Federal Reserve Chair Jerome Powell said interest rates could stay elevated for an extended period to bring inflation to the central bank's 2% target.