Powell signals 0.50{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} increase in December, citing need to ‘moderate’ rate hikes

Federal Reserve Chair Jerome Powell set the desk for a 50-basis point level hike at the Fed’s December plan assembly, saying in a speech on Wednesday it can make feeling…

Why is the Powerball prize at a record? Thank Fed Chairman Jerome Powell

New York CNN Organization  —  One of the causes for the record $1.6 billion jackpot for the Powerball drawing Saturday evening is something you wouldn’t be expecting – the modern…

Stocks tank after Fed hikes by 0.75{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, Powell pushes back against pivot

U.S. shares slid in risky investing Wednesday afternoon following a move by the Federal Reserve to raise its benchmark coverage rate by 75 foundation details for a fourth straight time…

Fed will raise rates next week, but Powell remarks may matter most

The 7 days forward may possibly all occur down to what Federal Reserve Chair Jerome Powell has to say at 2:30 p.m. ET Wednesday. Powell briefs the push following the…

The stock market is acting like it believes Jay Powell

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 24, 2022…

Stocks jump ahead of Powell remarks as markets attempt comeback

U.S. stocks charged forward Tuesday as the indexes attempt to swing back from intense selling last week amid worries around persistent levels of inflation and the prospect of an economic…