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Fed needs 'more good data' to feel comfortable about rate cuts: Powell
Yahoo Finance· 1 day agoFederal Reserve Chair Jay Powell indicated the central bank is closer to feeling comfortable about...
Powell: Job market has ‘cooled considerably’
The Hill via Yahoo News Singapore· 1 day agoFederal Reserve Chair Jerome Powell said Tuesday that the job market has “cooled considerably” over the past two years. “The most recent labor market...
Powell Testimony: Fed doesn't need inflation below 2% before rate cut
Investing.com via Yahoo Singapore Finance· 11 hours agoFederal Reserve Chair Jerome Powell will testify in front of a House committee on Wednesday for the second day of his semi-annual monetary policy report.
US economy no longer overheated, Fed's Powell tells Congress
Reuters via Yahoo Singapore Finance· 1 day ago"We are well aware that we now face two-sided risks," and can no longer focus solely on inflation, ...
Republicans test run a new argument: Immigration can cause inflation
Yahoo Finance· 6 hours agoRepublicans are trying out a new argument this week that spans three top issues of the 2024...
Powell returns, Microsoft's board seat, Chinese inflation - what's moving markets
Investing.com via Yahoo Singapore Finance· 16 hours agoFed chief Jerome Powell makes the climb up Capitol Hill again Wednesday, and trading is largely rangebound on Wall Street ahead of this. Microsoft has decided ...
Stock Market News for July 9, 2024
Zacks via Yahoo Singapore Finance· 1 day agoWall Street closed higher on Monday as investors eagerly await Federal Reserve Chair Jerome Powell's testimony and the upcoming inflation data, both...
Fed's Powell says labor market 'has cooled really significantly.' Are rate cuts coming?
USA TODAY via Yahoo Singapore Finance· 1 day agoFederal Reserve Chair Jerome Powell told Congress Tuesday the labor market "has cooled really...
S&P 500 in fresh record high after scaling 5,600 mark for first time
Investing.com via Yahoo Singapore Finance· 6 hours agoInvesting.com-- The S&P 500 rose above 5,600 for the first time Wednesday, led by tech and ongoing hopes for sooner rate as Fed Chair Jerome Powell delivered ...
Morning Bid: Calm markets as China skirts deflation, NZ doves coo
Reuters via Yahoo Singapore Finance· 10 hours agoEven if U.S. inflation remains too irksome for the Federal Reserve to sound the all clear, there's...