The Latest Breaking News from Jerome Powell

Investors, traders and speculators finish a dramatic week in a risk-on mood.

President Donald Trump may be celebrating his long-awaited victory over the Federal Reserve's rate policy, but underneath the surface, inflationary pressures remain dangerously persistent.

Asian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping.

Let’s use Barchart’s ETF data and charts to try and predict where the market is moving next.

When the Federal Reserve is concerned about inflation, it increases the federal funds rate. Despite expressing such concerns, the Fed lowered it.

Request sets stage for historic test of presidential power as Trump pursues greater control of the Federal Reserve

The dissent at the Federal Reserve this week shows its future does not look like its past.

Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not confidence.

September S&P 500 E-Mini futures (ESU25) are up +0.84%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.10% this morning, pointing to a sharply higher open on Wall Street after the Federal Reserve cut interest rates for the first time since December and signaled more reductions could follow soon.