The Latest Breaking News from Jerome Powell

The ASX200 rose 1.1 per cent to finish above 7,800 for the first time after more talk of rate cuts as soon as June in the US and Europe.

A strong day for the all but one of the Magnificent 7 stocks fueled upside in the main indexes.

Gold prices reach record highs as investors turn to the precious metal amidst economic uncertainty and Powell's hints at rate cuts.

March S&P 500 E-Mini futures (ESH24) are up +0.27%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.39% this morning as investors looked ahead to further testimony from Federal Reserve Chair Jerome Powell and a fresh batch of U.S. economic data while also awaiting a policy verdict from the…

March S&P 500 E-Mini futures (ESH24) are up +0.17%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.22% this morning as investors looked ahead to further testimony from Federal Reserve Chair Jerome Powell as well as a policy verdict from the European Central Bank while also gearing up for…

Equities fluctuated in Asian trade Thursday as investors try to assess the Federal Reserve's plans for interest rates after boss Jerome Powell indicated they would start to come down this year.

The ASX200 has finished at its highest-ever level for the second time this month after Jerome Powell told Congress rate cuts are likely this year.

Bond market volatility rises as inflation concerns unsettle investors ahead of Powell's testimony.

The main indexes closed higher after Fed Chief Powell stuck to his script on inflation and interest rates in today's congressional testimony.