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Stock market today: US futures tread water as Wall Street remains cautious
Investors appear cautious amid unease over Middle East tensions, expected delays to interest rate cuts, and bank earnings. Fed chair Jerome Powell.Aaron Schwartz/Getty Images US futures were flat ahea.....»»
NewsWatch: Fed will launch a broad discussion of a digital dollar this summer, Powell says
The Fed will launch a broad discussion later this summer with the public and Congress about the potential benefits and costs of a digital dollar, Fed Chairman Jerome Powell said Thursday......»»
Low-wage workers and mothers of color lost more in the pandemic economy, Fed Chair Powell says
In remarks on Monday, Jerome Powell said Black and Hispanic wo.....»»
The Fed: Powell releases new Fed data showing how pandemic hit the poorest hardest
Federal Reserve Chairman Jerome Powell on Monday releases data showing how low-income and minority groups bore the brunt of the damage to livelihoods from the pandemic......»»
The Fed: Fed’s Powell ‘doesn’t blink,’ and 5 other things we learned from his press conference
Here are five things we learned from Fed Chairman Jerome Powell on Wednesday......»»
Market Snapshot: U.S. stocks end lower, despite Powell vow to keep Fed policy supportive for some time
Stocks finished lower Wednesday after Federal Reserve Chair Jerome Powell said benchmark interest rates will remain near zero and policy will stay accommodative for some time, despite rising inflation......»»
The Fed is watching housing "carefully" and hopes builders catch up to the red-hot market, Chair Powell says
The market isn't showing "financial stability concerns" that fueled the 2008 bubble's pop, and is instead suffering from a supply shortage, he said. Federal Reserve Chair Jerome Pow.....»»
Vaccination and stimulus are fueling a rebound for America"s most depressed industries, Fed says
Inflation strengthened in recent weeks, the central bank said, but the uptick is consistent with the "transitory" rise long anticipated by Fed officials. Federal Reserve Chair Jerome Powell. Ma.....»»
Market Snapshot: Why the Fed’s focus on those hardest-hit by the pandemic matters for markets
Federal Reserve Chairman Jerome Powell is putting a spotlight on the growing tent city near his Washington, D.C. office and the people hardest-hit by the pandemic. Here's why the pain felt on Main Street could matter a lot for Wall Street......»»
Two blocks from the Federal Reserve, a growing encampment of the homeless grips the economy’s most powerful person
Federal Reserve Chair Jerome H. Powell says the recovery is far from over. The bleak reality is made clear outside his window on his drive to work......»»
Fed Chair Powell: The biggest risk to the Fed"s forecast for a roaring economy this year is another COVID-19 surge
Fed Chair Jerome Powell said another COVID-19 surge is the biggest risk to the central bank's rosy forecast. Inter.....»»
Powell: The biggest risk to the Fed"s forecast for a roaring economy this year is another COVID-19 surge
Fed Chair Jerome Powell said another COVID-19 surge is the biggest risk to the central bank's rosy forecast. Inter.....»»
The Fed: Powell suggests Fed will follow the 2013–14 playbook when it starts to taper its asset purchases
Fed Chairman Jerome Powell suggested Wednesday that, when the Fed decides to slow or taper its asset purchases, it will use the same strategy it used in 2013 and 2014......»»
US stocks retreat from records as investors mull economic-recovery progress and new Powell comments
In an interview with CBS, Jerome Powell said that the US is at an "inflection point" and is likely to see a boom in growth and hiring, but still faces threats from COVID-19. Reuters Stock.....»»
Jerome Powell says Fed is doing lots of work on a digital dollar as policymakers warily eye China"s digital yuan
Jerome Powell said the Fed is running experiments looking at how exactly a digital dollar might work, as China presses on with its digital y.....»»
Powell says COVID-19 remains top risk for economy, but strikes optimistic tone
Federal Reserve Chair Jerome Powell said in an interview that aired Sunday night that the U.S. economy is at an “inflection point” due to widespread vaccinations and strong monetary support......»»
The Fed: Powell says ‘it will be a while’ before Fed taps the brakes on economy
Fed Chairman Jerome Powell on Sunday said "it will be awhile" before the conditions are in place for the central bank to tap the brakes to try to cool the economy off......»»
: Fed’s Jerome Powell says U.S. economy is ready to ‘start growing much more quickly’
The U.S. economy is ready to take off, U.S. Federal Reserve Chairman Jerome Powell said Sunday......»»
Fed Chair Jerome Powell says the greatest risk to the US economic rebound is another wave of the coronavirus
Powell said the US.....»»
Europe Markets: European stocks hold steady at record levels, but yields creep higher
The Stoxx Europe 600 was trading flat on Friday, holding at record levels, as investors absorbed comments from Federal Reserve Chairman Jerome Powell and fresh data showing inflation pressures in China......»»