Fed Chair Powell Says Rate Cuts Aren't on 'Preset Course'
WEB2 days ago · Stock Market News, Sept. 30, 2024: S&P 500 Edges Higher After Powell Says Rate Cuts Will Continue Federal Reserve Chair Jerome Powell suggests the central bank doesn't need to cut aggressively to ...
Fed's Powell: US economy solid, gradual interest rate cuts coming
WEB2 days ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Stock Market Today: Powell Comments Talk up Strength of the US …
WEB2 days ago · Stock market today: US indexes edge higher to records as Powell talks up strength of the economy. US stocks rose to records on Monday after Federal Reserve Chair Jerome Powell's commented on the ...
Powell indicates further, smaller rate cuts, insists the Fed is 'not on ...
WEB2 days ago · Fed Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive. “We are not on any ...
Stock market today: Dow, S&P 500 hit fresh records to cap strong ...
WEB2 days ago · The Dow Jones Industrial Average (^DJI) was on track to increase 1.4% for the month and ended the quarter up 7.8%, leading the pack. The S&P 500 (^GSPC) was set to gain about 1.5% for September ...
Jerome Powell Could Surprise Markets With Jackson ... - Markets …
WEBAug 22, 2024 · Goldman Sachs says Jerome Powell's speech at Jackson Hole on Friday could deliver some surprises. It wouldn't be the first time he used the event as an opportunity to reset investors'...
Stock Market News, Aug. 23, 2024: S&P 500 Closes Higher After …
WEBAug 23, 2024 · Jerome Powell on Friday finally agreed. Stocks extended their recent advance after the Federal Reserve chair all but ended the central bank’s inflation fight. The tech-heavy Nasdaq Composite...
Jerome Powell testimony: Dow finishes with small gain after Fed …
WEBMar 6, 2024 · A recovery in technology stocks is helping the U.S. stock market stage a comeback on Wednesday, as Federal Reserve Chairman Jerome Powell finished the first of two days of testimony on Capital...
Fed meeting: Live coverage of interest rate decision and Powell …
WEBNov 1, 2023 · Follow along to MarketWatch's live coverage of the Federal Open Market Committee interest-rate decision and the press conference with Chair Jerome Powell. Last Updated: Nov. 1, 2023 at 7:53...
Jerome Powell could spark a stock market surge—even without …
WEBJun 6, 2024 · But with just a few key words at his press conference next week, Powell could still give investors hope that rate cuts are on the way sometime this year, sparking a stock market rally.