News

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...

Bond market rallies after Powell ‘walked a fine line’ with Jackson Hole speech

The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone ...

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House

If the famously data-dependent Federal Reserve Chair Jerome Powell shifts gears and takes a gloomier view of the job market, ...
InsideBitcoins17m

Ethereum Surges 10%, Hits All-Time High On Coinbase After Powell’s Jackson Hole Speech

Ethereum surged 10% to hit a new all-time high on Coinbase after Fed Chair Jerome Powell hinted at a possible rate cut.

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start ...