Jerome Powell

Next week's inflation data will be the first major test for markets after the Federal Reserve took a dovish stance on interest rates, at a time when bond yields also look to be stabilizing. Stocks have been churning higher lately after…

With the dawn of a new quarter, the Personal Consumption Expenditures (PCE) price index has given hope of a rate cut in the near future.Is Bitcoin a good speculative investment?The core PCE price index, which strips out food and energy…

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024.Elizabeth Frantz | ReutersThis report is from…

A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023.Brendan Mcdermid | ReutersThis report…

Patria Stodghill talks with vender Susan Mendoza while shopping at Eastern Market as the US struggles with rising inflation May 20, 2022, in Washington, DC.Brendan Smialowski | AFP | Getty ImagesThis report is from today's CNBC Daily…

WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell’s high-stakes efforts to curb the highest inflation in four decades.The 80-19 vote…

Republicans on the Senate Banking Committee declined to show up Tuesday for votes on President Biden’s nominees to the Federal Reserve over their objection to one of the choices — delaying the confirmation of Fed…

The Dow Jones Industrial Average rose Wednesday as investors piled back into economically sensitive sectors on bets that the U.S. economy will continue to recover. The index of blue-chip stocks added 290 points, or…

U.S. stocks fell on Tuesday as investors digested testimony by Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen about the U.S. economy. The S&P…

LONDON — European stocks are expected to open higher Thursday, as global markets jumped following reassuring comments from Federal Reserve Chairman Jerome Powell on the inflation outlook.London's FTSE is seen opening 25 points higher at…