US stocks rose to records on Monday after Federal Reserve Chair Jerome Powell's commented on the economy. Powell emphasized the economy's strength and recalibrated interest rate cut expectations.
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected. During ...
Powell is scheduled to address the association at 12:55 p.m. CDT (1755 GMT) in Nashville, Tennessee, and is expected to elaborate on the Fed's decision to cut its benchmark interest rate by half a ...
Federal Reserve Chair Jerome Powell on Monday said there's "growing confidence" that inflation is moving toward the central bank's 2% goal during a speech at the National Association for Business ...
The Dow fell 0.8%, or 351 points, to 41,960. The tech-heavy Nasdaq and S&P 500 dropped 0.6% and 0.5%, respectively.The remarks came less than two weeks after the Federal Open Market Committee ...
Bobby Powell, a longtime Democratic state lawmaker, for this predominately Black commission district. The district stretches from Riviera Beach and West Palm Beach through parts of Palm Beach ...