The Federal Reserve's core PCE inflation rate aligns with expectations, igniting speculation about potential rate cuts. With the S&P 500 nearing record highs, what does this mean for the economy?
U.S. equity futures remained flat as the Dow Jones reached new records, with investors keenly awaiting Nvidia's earnings report that could signal the next market move. The Fed's hint at easing policy has set the stage for potential shifts in tech stocks.
Asian equities experienced their largest gain in two weeks, driven by Wall Street's rally and increased expectations for lower interest rates from the Federal Reserve. Technology stocks in Hong Kong surged by 2.7%, while Shanghai shares reached a decade high.
In a dramatic escalation, President Trump threatened to fire Federal Reserve governor Lisa Cook, fueled by allegations of mortgage fraud. As tensions rise within the central bank, what does this mean for interest rates and Trump's control over monetary policy?
As Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, he faces the challenge of balancing economic needs with political pressure from President Trump. Can he maintain the Fed's independence while navigating this tricky situation?
The Dow Jones Industrial Average achieved a record close, bolstered by Federal Reserve Chair Jerome Powell's hints at potential interest rate cuts. Investors are optimistic as market indicators point toward growth, with significant gains across major indices.
U.S. stock futures remain steady ahead of Jerome Powell's anticipated speech at Jackson Hole. Investors are eager for insights on interest rates as major indices face a losing streak, with notable movements from Intuit and Zoom shares.
The Dow Jones soared to a record high after Fed Chair Jerome Powell hinted at possible interest rate cuts next month. Major tech stocks surged, with Nvidia and Tesla leading the charge, signaling optimistic investor sentiment.
As Jerome Powell prepares for a crucial speech at Jackson Hole, the pressure mounts from President Trump for the Fed to lower interest rates. With hiring slowing and inflation rising, how will Powell navigate these economic challenges? Discover the implications!
The DOJ has opened an investigation into Federal Reserve Governor Lisa Cook for alleged mortgage fraud, just after Trump called for her resignation. This intensifies scrutiny on the Fed amid ongoing political tensions.