Economy

Powell Focuses on Economic Need at Key Moment in Markets and Politics

6 days ago   |   By NY Times

The Federal Reserve will continue to support the economy, its chair, Jerome H. Powell, pledged at a Senate hearing, even as concerns about inflation rise.
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Stocks Rise as Fed Chair Says Light at the End of the Tunnel Remains Distant

6 days ago   |   By NY Times

Jerome Powell's Senate testimony allayed worries that positive economic signs would lead the Fed to cut back on its stimulus policies.
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Powell Focuses on Need at Delicate Moment in Markets and Politics

6 days ago   |   By NY Times

The Federal Reserve will continue to support the economy, its chair, Jerome H. Powell, pledged, even as concerns about inflation rise.
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Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation

Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation

6 days ago   |   By Business Insider

Summary List Placement
US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation.
Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, Powell said.
Bitcoin tanked below $49,000 after trading as high as $55,053.91 Monday afternoon as investors snapped up crypto profits.
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US equities erased major losses and swung higher on Tuesday after commentary from Federal Reserve Chair Jerome Powell eased concerns of...
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Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation

6 days ago   |   By Business Insider

Traders work, as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve interest rates announcement, on the floor of the New York Stock Exchange in New York, U.S., October 30, 2019.
Brendan McDermid/Reuters
US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation. Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, Powell said. Bitcoin tanked below $49,000 after trading as high as $55,053.91 Monday afternoon as investors snapped up...
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