Aussie shares fail to extend winning streak into Q4 The ASX200 dropped 0.7 per cent, snapping a three-day win streak after Fed chairman Jerome Powell said the US central bank was in no rush to cut interest rates. AAP · Oct 1, 2024
Markets hit fresh records after Powell rate cut remarks The Dow plunged nearly 400 points on remarks from Federal Reserve Chair Jerome Powell, before correcting and ending the day above the record it set Friday. Fortune · Sep 30, 2024
US Fed Chair Sees 'Further Disinflation' In Economy The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too. International Business Times · Sep 30, 2024
Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy The Independent UK · Sep 30, 2024
Stocks Set to Open Lower as Investors Await U.S. Jobs Data and Powell Speech December S&P 500 E-Mini futures (ESZ24) are down -0.29%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.31% this morning as market participants looked ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials as well as a fresh batch of U.S. labor market data, with… Barchart · Sep 30, 2024
Stocks Set for Muted Open as Investors Await U.S. Jobs Data and Powell Speech December S&P 500 E-Mini futures (ESZ24) are down -0.08%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.09% this morning as market participants looked ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials as well as a fresh batch of U.S. labor market data, with… Barchart · Sep 30, 2024
Stock Market Today: S&P 500 Hits New High as Micron Soars The main indexes gained ground Thursday as strong earnings from memory chipmaker Micron fueled AI optimism. Kiplinger · Sep 26, 2024
Stock market today: Markets come down from China stimulus highs The market cooled Wednesday after a report that consumer confidence is down, and as investors wait to see what Federal Reserve chair Jerome Powell will say in a Thursday speech. Fortune · Sep 25, 2024
America needs to ‘build, baby, build’ to fix the housing crisis, Moody’s says “Naturally, increased homebuilding comes to mind, but the type of properties that do get built should reflect varying price points and not just be concentrated on the upper end of the market.” Fortune · Sep 23, 2024
The Wall Street economist who nailed the Fed's 'joyous' rate cut sees the same thing again "In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market." Fortune · Sep 21, 2024
Magnificent Seven stocks are riding high again after Fed cut If the Fed does fail to achieve a “soft-landing,” Nvidia, Tesla and others can be viewed as a potential defensive play for investors. Fortune · Sep 20, 2024
US Jobless Claims Drop To Four-Month Low, Indicating Job Market Recovery Unemployment claims in the U.S. dropped in 4th-month low, which signals better conditions in the job market. International Business Times · Sep 20, 2024
Biden Touts Economic Progress, Criticizes Trump's Policies President Biden discusses the Federal Reserve's rate cut, critiques Trump's economic policies, and emphasizes economic recovery in a speech at the Economic... Top News · Sep 19, 2024
Jerome Powell says the Fed can’t fix the housing crisis “This is not something that the Fed can really fix,” he said after delivering a historic rate cut. Fortune · Sep 19, 2024
Evening Standard · Sep 19, 2024 OPINION - The one metric where the UK economy beats the US Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…
Barchart · Sep 19, 2024 Gold $3,000 is Coming. Here's How to Invest. Western investors, through physical ETFs, are finally joining the global gold rush led by central banks, Asian investors, and wealthy investors. Holdings of physically backed gold ETFs have risen by 90.4 tons, equivalent to $7.3 billion, since May, according to data from the World Gold Council, and GLD holdings expanded…
Fortune · Sep 19, 2024 What the Fed's interest rate cut means for investors Are we looking at a recession, or soft landing? Either way, a rate-cutting environment has big implications for your stocks, bonds, and savings.
Fortune · Sep 19, 2024 Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo "We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision as a group and then we announce it. That's always what it is, it's never about anything else."
Fortune · Sep 19, 2024 Jerome Powell's sunny economic outlook clashes with the Fed's bold interest rate cut Is it possible to decouple interest rates and hiring in the coming years?
Barchart · Sep 19, 2024 Stocks Soar Before the Open as Fed’s Big Rate Cut Boosts Sentiment, U.S. Economic Data and FedEx Earnings on Tap September S&P 500 E-Mini futures (ESU24) are up +1.48%, and September Nasdaq 100 E-Mini futures (NQU24) are up +2.03% this morning on expectations the Federal Reserve’s half-percentage-point rate cut will steer the U.S. economy toward a “soft landing,” while investors awaited a new round of U.S. economic data and an…
International Business Times · Sep 19, 2024 US Fed Makes Aggressive Rate Cut, Weeks Before Election The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction for more than four years, sharply lowering borrowing costs shortly before November's presidential election.
The Guardian - UK · Sep 19, 2024 Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote
Top News · Sep 19, 2024 Asian Markets Rise After Federal Reserve's Rate Cut Asian markets respond positively to the Federal Reserve's rate cut, with Tokyo's Nikkei 225 surging by 2.5%. Fed aims to boost investment amidst economic s...
The Independent UK · Sep 19, 2024 Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates
Fortune · Sep 18, 2024 The stock market dipped after a historic Fed rate cut. Here’s what the experts think “This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune.