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Powell Testimony: Fed doesn't need inflation below 2% before rate cut
Investing.com via Yahoo Singapore Finance· 12 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, ...
Stock Market Today: S&P 500 closes above 5,600 for first time; inflation data eyed
Investing.com via Yahoo Singapore Finance· 5 hours agoInvesting.com-- The S&P 500 closed above 5,600 for the first time Wednesday, led by tech and ongoing hopes for sooner rate as Fed Chair Jerome Powell delivered ...
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: 'Essential' that bank regulators re-propose Basel plan
Reuters via Yahoo Singapore Finance· 1 day agoU.S. Federal Reserve Chair Jerome Powell said on Tuesday that it is the "strongly held" view of the...
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 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 returns, Microsoft's board seat, Chinese inflation - what's moving markets
Investing.com via Yahoo Singapore Finance· 17 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 ...
Fed's Powell defends central bank independence as challenges loom
Reuters via Yahoo Singapore Finance· 1 day agoFederal Reserve Chair Jerome Powell said on Tuesday central bank independence is a proven and...
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...