Tag Archives: Powells

Treasury yields inched higher as investors continue to digest Federal Reserve Chair Jerome Powell’s speech last Friday and look toward key inflation data due later in the week. The 10-year Treasury yield rose about 1 basis point to 4.269% as of 2.55 a.m. ET. The 2-year yield was over 2 basis points higher at 3.713%. One basis point is equal to 0.01% and …

Key Takeaways Crypto market traders were positioned for Jerome Powell to be hawkish in a highly anticipated speech, but they were pleasantly surprised as the Fed chief suggested rate cuts could be coming soon. Prediction markets bettors now place higher odds of a quarter percentage rate cut in September than they did prior to the speech. Bitcoin and proxy stocks …

Moments after Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole symposium on Friday, President Donald Trump dramatically escalated his ongoing assault on the central bank’s leadership by threatening to fire governor Lisa Cook if she does not resign. The extraordinary move punctuated an already tense week for the central bank, as Trump has been criticizing Cook …

The Dow Jones Industrial Average marked a record close on Friday, its first in 2025. Small-cap stocks and Treasuries also rallied, as investors got the clearest indication yet from Federal Reserve Chair Jerome Powell that the central bank could cut interest rates in September. The Dow rose 846 points, or 1.9%, while the S&P 500 gained 1.5% and the Nasdaq …

Key Takeaways Federal Reserve Chair Jerome Powell is set to deliver a speech laying out whether the central bank is ready to cut interest rates. Fed-watchers may feel a sense of déjà vu since this is similar to last year’s Jackson Hole event, when investors watched the annual speech for clues about possible rate cuts in September. This time, the …

Key Takeaways Bitcoin traders were selling ahead of Jerome Powell’s highly anticipated speech Friday morning at the Jackson Hole Economic Policy Symposium, preparing for the possibility that the Fed chair fails to signal that an interest rate cut is likely in September. Bitcoin options pricing indicated bearishness across time horizons. The “secular bull” for bitcoin may not be over yet, …

Investors Expect Nvidia’s Earnings to Move the S&P More Than Powell’s Speech  The New York Times Investors are closely watching Nvidia’s upcoming earnings  Yahoo Finance 10 things to watch in the stock market Monday including Nvidia and geopolitics  CNBC Why Nvidia Earnings Matter More To Markets Than What The Fed Chair Says  Forbes Are Nvidia stocks the single biggest factor behind S&P 500, US …

Crypto investors are holding their breaths before Jerome Powell, chair of the Federal Reserve, speaks Friday in Jackson Hole, Wyoming. Bitcoin has dipped about 1% over the past 24 hours and almost 5% over the past week to around $112,000, according to data from Binance. Ethereum, the world’s second largest cryptocurrency, is also down 2% over the past day to …

Powell’s Jackson Hole speech could be make-or-break moment for the summer stock-market rally  MarketWatch Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy  The New York Times With Fed under pressure, Jerome Powell prepares for a high-stakes speech  NPR Stormclouds abound as economists gather in Jackson Hole  Axios Stock Slide Deepens Before Powell as Yields Rise: Markets Wrap  Bloomberg.com Source …

WASHINGTON (AP) — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was “solid.” His assessment was important because if the job market is healthy, there is less need for the Fed to cut its key …