Jerome Powell says the 'real issue' behind the US housing crisis is 'not something the Fed can really fix' — here's why and what Americans can do
While rate cuts by the Fed typically lower borrowing costs, experts say increased affordability in mortgages could lead to a ...
Despite Port Strikes and Iran Threat, Interest-Rate Expectations Aren’t Budging
Investors are taking Federal Reserve Chair Jerome Powell at his word, and they aren’t letting the worsening violence in the ...
Stock Market Today: Dow, S&P 500 score record closes after Powell remarks
The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to end at 42,330.15, a record closing high. It is the index's ...
Euro’s Outlook Sours as Inflation Cools
The euro’s outlook looks less bright given cooling eurozone inflation, Middle East tensions and political instability in France, spreadbetting firm City Index said.
Stock market today: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend to use our tools to keep ...
Safe havens gain as Iran fires missiles at Israel
Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data ...
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the ...
Fed Chairman Powell is rolling the dice on our economy
Federal Reserve Chairman Jerome Powell has decided the economy needs easy money again and is betting that inflation will soon ...
BlackRock’s Larry Fink sounds off on investors expecting huge Fed rate cuts
BlackRock CEO Larry Fink said on Tuesday investors are wrong if they think the Fed will make massive interest rate cuts later this year because the billionaire money man believes the US economy will ...
Insurancenewsnet.com18h
Fed chair Powell says illegals are why unemployment is rising
That's not Donald Trump speaking, it's what Federal Reserve Chairman Jerome Powell, a guy who tends to side with Joe Biden, found when he cut interest rates 50 basis points yesterday. According to the ...
SCHD: Dividend-Paying ETF's Rally Is Gaining Steam
SCHD has outperformed the S&P 500 recently as income investors likely reallocated from cash. Read why I rate SCHD ETF as a ...
Mises Institute20h
Fed’s Rate Cut Helps Candidate Harris but Will Hurt President Harris (or Trump)
Many investors, businesses, and consumers cheered the Federal Reserve’s first interest rate cut since March of 2020. The Fed’s 50 basis points interest rate ...