Jerome Powell Speech: U.S. Federal Reserve chair Jerome Powell revealed economic projections on interest rates, unemployment, inflation and economic growth in his speech after the release of interest ...
Tag: Powell
Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high
Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on a day full of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitc...
Stocks sink after Fed hikes, Powell gives hawkish outlook
U.S. stocks fell in volatile trading Wednesday after the Federal Reserve delivered its seventh and final interest rate increase of 2022 and Chair Jerome Powell asserted in hawkish remarks that further...
Powell Says Fed Still Has a ‘Ways to Go’ After Half-Point Hike
(Bloomberg) — Chair Jerome Powell said the Federal Reserve is not close to ending its anti-inflation campaign of interest-rate increases as officials signaled borrowing costs will head higher th...
Will Powell bring a relief rally for Bitcoin? Here’s what to expect
The Federal Reserve chair Jerome Powell is expected to release the latest update on the interest rate hikes as part of the institution’s move to tame the inflation that has come in low. Indeed, the cr...
Kraken Founder Jesse Powell Says Binance Has ‘Big Red Flag’, Criticizes Recent Proof-of-Reserves Report
Kraken founder Jesse Powell is criticizing Binance’s proof-of-reserves report as increased scrutiny of the finances of crypto exchanges circulates through the industry. Responding to former U.S. Secur...
Market Rally Wipes Out Powell Gains As Apple, Exxon Skid; What To Do Now
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally had another weak session, with Apple (AAPL) and Exxon Mobil (XOM) breaking below ke...
Jerome Powell Still Has an Impact on Crypto – Most Influential 2022
For the first half of this year, before the crypto industry took a big hit from the failure of a number of crypto companies, including lender Celsius Network, Three Arrows Capital and most recently, F...
What Impact Does Jerome Powell Have on Bitcoin (BTC) Price?
Bitcoin and other risk assets have been heavily driven by Federal Reserve Chair Jerome Powell’s commentary, thus affecting investors and traders alike. The global cryptocurrency market led by Bitco...
Elon Musk wants the Fed to ‘cut interest rates immediately’ — but Jerome Powell just said inflation ‘remains far too high.’ Here are 3 sectors for safety if costs keep soaring
Elon Musk wants the Fed to ‘cut interest rates immediately’ — but Jerome Powell just said inflation ‘remains far too high.’ Here are 3 sectors for safety if costs keep soaring ...
I Guess I Didn’t Hear the Same Powell Speech That Other Traders Did
I’m unsure what to say about Wednesday’s rally except, “WOW!” We can agree that Todd Campbell was spot on when he suggested that traders potentially were leaning too negatively...
Dow Jones Futures: Inflation Report Due After S&P 500 Surges Above 200-Day On Fed Chief Powell
Dow Jones futures tilted higher Thursday morning, along with S&P 500 futures and Nasdaq futures. Salesforce.com headlined earnings overnight but investor focus will be on Thursday’s PCE infl...
Stocks rally, dollar tumbles, as Powell signaled to slow rate-hike pace in December
Once again, it was Jerome Powell, the Federal Reserve’s Chair, the one who moved financial markets. In a highly anticipated speech on Wednesday at the Brookings Institution, a think tank based in Wash...
S&P 500 Surges Above Key Level On Fed Chief Powell, But Inflation, Jobs Report Loom
Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. Salesforce.com headlined earnings overnight but investor focus will be on Thursday’s PCE inflation rep...
Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead
U.S. stocks finished sharply higher on Wednesday, with the Dow Jones Industrial Average rising over 700 points to technically exit a bear market, after Federal Reserve Chairman Powell said the central...
Powell signals 0.50% increase in December, citing need to ‘moderate’ rate hikes
Federal Reserve Chair Jerome Powell set the table for a 50-basis point rate hike at the Fed’s December policy meeting, saying in a speech on Wednesday it makes sense to “moderate” ra...
Bitcoin Reclaims $17K, Stocks Soar Following Powell Speech In Washington
Bitcoin price quickly pushed above the $17,000 level and major US stock indices exploded higher on the heels of some of the most dovish remarks by Fed Chair Jerome Powell in nearly a year. Don’t Figh...
Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December
Topline Stocks jumped Wednesday afternoon after Federal Reserve chair Jerome Powell indicated a reprieve from the Fed’s most aggressive interest rate hikes in four decades is on the horizon as soon as...
Fed Chair Powell Suggests 0.5 Percentage Point Hike For December
Jerome Powell, chairman of the US Federal Reserve, spoke at the Brookings Institute regarding … [+] inflation and the broader economy on November 30. Photographer: Al Drago/Bloomberg © 2022 Bloo...
Dow Jones Falls After Weak Jobs Data, Powell Speech Next; CrowdStrike Plunges 20%
The Dow Jones Industrial Average fell 175 points Wednesday after key economic data, with monthly employment and quarterly GDP data out before the market open. U.S. action remained subdued ahead of Fed...
Powell Slightly Hawkish Ahead of December Meeting
Inflation is far from over, Federal Reserve Chair Jerome Powell said Wednesday, but a rate-hike slowdown is still on the table for December. Regardless, according to the central bank head, rates will ...
Fed Chair Jerome Powell says smaller rate hikes could come in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequ...
Dow Jones Futures: Stock Market Rally Awaits Fed Chief Powell, Key Economic Data
Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures, with Fed chief Jerome Powell and key economic data on tap. X The stock market rally closed mixed Tue...
Watch Fed Chair Jerome Powell speak on the economy and monetary policy
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brooking...
Powell Speech Preview: Markets Seek Dovish Tilt As Rate Bets Fade
Federal Reserve Chairman Jerome Powell is set to deliver a key policy speech Wednesday in Washington in what could be the last major address from a central bank official prior to its December rate-set...
Powell Will Offer a New Mantra: Slow and Steady
Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next month—and he’ll likely use it to ma...
Stocks Gain, Dollar Drops as Traders Await Powell: Markets Wrap
(Bloomberg) — US equity futures edged higher and the dollar slipped for a second day, as investors awaited a speech by Federal Reserve Chair Jerome Powell for signals about the path of interest-...
StockStock Market Weakens At Midday As It Awaits Powell Speech; This IBD Index Outperforms
The stock market weakened at midday Tuesday, sending the main indexes near the day’s lows. An apparent easing of Covid restrictions in China could not offset the stock market’s apprehensio...
Kraken’s Powell says Binance Proof-of-Reserve is pointless without liabilities
Former Kraken CEO Jesse Powell criticized Binance’s Proof of Reserve, calling it an “ignorant or intentional misrepresentation.” I’m sorry but no. This is not PoR. This is either ignorance or in...
Here’s why the smart money is betting on value stocks to outperform growth
You should be skeptical of the growth story that periodically captures stock investors’ attention. That’s because the companies that Wall Street believes will grow the fastest in the future rarely liv...