Federal Reserve Chairman Jerome Powell on Wednesday announced the central bank raised interest rates by 75 basis points, as expected by economists and investors. But there were new pieces of Read more
Tag: Jerome
5 things we learned from Jerome Powell’s ‘whipsaw’ press conference
No one was surprised Wednesday when the Fed lifted its benchmark interest rate by 0.75 percentage points for the fourth consecutive policy meeting, raising the fed funds rate to a Read more
Here’s how the stock market has handled Fed decision days under Jerome Powell
Federal Reserve Chairman Jerome Powell will take the podium at the Eccles Building Wednesday afternoon for his 39th “Fed Day” since becoming the world’s most influential central banker back in Read more
Gold prices to soften for third session as investors wait to hear from Jerome Powell
Gold traded marginally lower on Monday for a third straight session as higher Treasury yields and a stronger dollar continued to weigh on precious metals prices. Price action Gold for Read more
The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’
It took stock-market investors a while to make up their minds, but when the closing bell sounded on Wednesday it was clear they didn’t like what they had heard from Read more