Powell
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -U.S. stock index futures were little changed on Thursday as investors awaited a fresh batch of economic data and Federal Reserve Chair Jerome Powell’s comments later in the day for clues on the outlook for the economy and monetary policy. The producer…
Reporters asked Jerome Powell whether he’d resign if President-elect Donald Trump asked him to.Powell responded with one word: “No.”Trump has been critical of Powell, but a president can’t legally fire a Fed official without cause. Federal Reserve Chair Jerome Powell has no plans to leave the central bank prematurely under…
By Caroline Valetkevitch NEW YORK (Reuters) -The sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts. The Dow also posted an all-time closing high. The…
Investing.com — U.S. stock futures edged lower Monday, but September is set to be a positive month as investors look to comments from Fed Chair Jerome Powell for clues over future interest rate cuts. By 05:45 ET (09:45 GMT), the contract was down 28 points, or 0.1%, traded 5 points,…
Investing.com– U.S. stocks rose Thursday, boosted by strong earnings from memory chip maker Micron with comments from Fed chief Jerome Powell in focus. At 05:35 ET (09:35 GMT), the rose 255 points, or 0.6%, the climbed 37 points, or 0.6%, and the gained 200 points, or 1.1%. The main Wall Street benchmarks…
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Thursday, September 26, 2024. The day’s lineup includes key reports on GDP, durable goods orders, and initial jobless claims, as well as a highly…
By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s ended near session-highs amidst broad-based gains on Friday, as global markets advanced after Federal Reserve Chair Jerome Powell stated that “the time has come” to reduce interest rates. The pan-European STOXX 600 index rose 0.5% to 518.13 at close, its highest level…
A look at the day ahead in U.S. and global markets from Mike Dolan Jerome Powell takes centre stage at the Federal Reserve’s Jackson Hole jamboree on Friday but the Fed chair would have to sound super hawkish to stop the dollar recording one of its worst weeks of the…
Investing.com– U.S. stock index futures rose in evening deals on Thursday with focus turning to an address by Federal Reserve Chair Jerome Powell for more cues on the bank’s plan to cut interest rates. Futures rose after Wall Street logged deep losses during the session, as investors were unnerved by…
As traders approach another pivotal day for financial markets on Friday, August 23, 2024, a series of crucial economic data releases and a key speech from Federal Reserve Chair Jerome Powell are expected to sway market dynamics. The housing market will be in focus with building permits and new home…
