Zawya17m
Euphoria all around as Bitcoin vaults above $100,000, stocks hit record highs
LONDON - Bitcoin broke $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks touched fresh record highs with sentiment bolstered by upbeat comments on the ...
Stocks Buoyed by Tech Rally With Powell in Focus: Markets Wrap
A rally in the world’s largest technology companies drove stocks higher, with traders wading through the latest economic data and awaiting Jerome Powell’s remarks for clues on the Federal Reserve’s ...
The Mercury10h
Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of ...
Fed’s Powell Expects Good Relations With Trump Administration
Federal Reserve Chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue lowering interest ...
Stock market today: Indexes notch fresh records as Powell voices optimism on the US economy
Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P ...
Inflation threatens Fed rate-cut expectations once again. Here's why.
Inflation is back in the spotlight and could supplant this week's jobs data when it comes to how traders, investors and officials at the Federal Reserve think about further interest-rate cuts. The ...
Crypto Briefing13h
Fed Chair Powell calls Bitcoin a competitor to gold, not the US dollar
Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar, highlighting its volatility and speculative nature ...
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the ...
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to ...
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to ...
Market expects a December rate cut
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again ...