The Latest Breaking News from Jerome Powell

September S&P 500 E-Mini futures (ESU25) are trending up +0.16% this morning, extending yesterday’s gains, while investors await further testimony from Federal Reserve Chair Jerome Powell for clues on the rate outlook.

Tom Lee, the head of research at Fundstrat Global Advisors, highlighted a crucial factor that could explain why the European Central Bank (ECB) has been able to cut interest rates while the U.S. Federal Reserve (Fed) has not.

With President Donald Trump brokering a ceasefire between Israel and Iran, the major indices have predictably swung higher. Still, this normalization shifts the fundamental spotlight back to the economy, where an underlying truth cannot be avoided: many consumers are struggling amid significant challenges. From a pragmatic perspective, this dynamic could…

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that the central bank continues to monitor the threat of inflation.

It was a rocky start to the truce, but a temporary halt to fighting between Israel and Iran appears to be holding for now.

Fed Chair Jerome Powell told Congress he expects an inflation surge—but how long and how high is unknown.

Hackers connected to the Iranian government have a history of trying to attack U.S. government agencies and the financial sector.

Federal Reserve Chair Jerome Powell told Congress Tuesday that while inflation has cooled from its 2022 peak, it remains “somewhat elevated,” and the central bank is not ready to adjust interest rates, yet.

Jerome Powell says central bank is waiting to see tariffs’ impact on US prices as president claims ‘incompetence’