AD
2024-07-28 01:09:58 +0300

Fed Watchers Say Markets Got It All Wrong on Powell ‘Pivot’

Logo Bloomberg
Bloomberg
By Steve Matthews

Federal Reserve Chair Jerome Powell is raising interest rates at the steepest pace in a generation and he said Wednesday that another big increase is possible. Yet investors sent stocks surging on his comments that the hikes will eventually slow.

AD
AD

Some Fed watchers say markets read Powell’s press conference too narrowly.

Continue read on bloomberg.com

AD
Logo U.S. News & World Report
PoliticsBy Tim Smart2024-07-25 15:42:10 +0300
If there is another person in Washington feeling the heat for the current inflation nightmare as much as Joe Biden, it is Jerome Powell. The chairman of the...

Logo Bloomberg
MarketsBy Steve Matthews2024-07-06 07:00:00 +0300
The Federal Reserve will unveil details of what policy makers debated last month that may shed light on how they view the near-term path for interest rates...

Logo CNBC
EconomyBy Carmen Reinicke2024-07-27 22:10:27 +0300
This is a developing story. Check back for updates. Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal...

Logo Investing.com
MarketsBy Investing Com2024-07-27 22:03:48 +0300
© Reuters. By Yasin Ebrahim Investing.com -- The S&P 500 jumped Wednesday, as Federal Reserve Chairman Jerome Powell signaled that the Fed could slow the...

Logo RTTNews
EconomyBy Rtt News Staff Writer2024-07-27 23:10:47 +0300
Following the sell-off seen during Tuesday's session, stocks showed a substantial move back to the upside during trading on Wednesday. The major averages...

Logo Nasdaq
Business / FinanceBy Rtt News2024-07-27 23:10:47 +0300
(RTTNews) - Following the sell-off seen during Tuesday's session, stocks showed a substantial move back to the upside during trading on Wednesday. The major...

Logo Nasdaq
Business / FinanceBy Reuters2024-07-27 22:34:28 +0300
By Caroline Valetkevitch NEW YORK, July 27 (Reuters) - U.S. stocks rallied in late trading Wednesday, with Nasdaq leading the way after the Federal Reserve...

Logo Nasdaq
Business / FinanceBy Reuters2024-07-27 23:29:32 +0300
By Caroline Valetkevitch NEW YORK, July 27 (Reuters) - U.S. stocks rallied on Wednesday and the Nasdaq posted its biggest daily percentage gain since April...

Logo Investing.com
EconomyBy Reuters2024-07-26 13:06:37 +0300
3/3 Reuters. FILE PHOTO: A screen displays the Federal Reserve Chair Jerome Powell on the trading floor at New York Stock Exchange (NYSE) in New York City,...

Logo Investing.com
EconomyBy Reuters2024-07-27 22:51:31 +0300
Reuters. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC)...

Logo Nasdaq
Business / FinanceBy Reuters2024-07-27 23:00:34 +0300
By Caroline Valetkevitch NEW YORK, July 27 (Reuters) - U.S. stocks rallied on Wednesday, led by Nasdaq after the Federal Reserve raised its benchmark...

Logo American Banker
Business / FinanceBy Claire Williams2024-07-21 18:02:58 +0300
Federal Reserve Chair Jerome Powell recently sold more than $1 million of municipal bonds issued by various entities across the U.S. as tough new ethics...

Logo ETF Trends
MarketsBy James Comtois2024-07-27 23:36:02 +0300
Stocks rose after the Federal Reserve announced its intentions to raise interest rates by three-quarters of a percentage point for the second consecutive...

Logo ETF Database
MarketsBy James Comtois2024-07-27 23:00:00 +0300
Stocks rose after the Federal Reserve announced its intentions to raise interest rates by three-quarters of a percentage point for the second consecutive...

Logo Investing.com
EconomyBy Reuters2024-07-27 21:56:40 +0300
Reuters. FILE PHOTO: U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June...

Logo ETF Trends
MarketsBy Karrie Gordon2024-07-27 22:46:12 +0300
Bond investing has been a painful point for portfolios this year in a rising rate regime as the Federal Reserve aggressively combats persistent high...

Logo CNBC
Business / FinanceBy Jeff Cox2024-07-14 22:33:54 +0300
Key Points Fed Chair Jerome Powell and former Vice Chair Richard Clarida didn't break any rules or laws while trading securities, the Fed's inspector general...

Logo Investing.com
MarketsBy Investing Com2024-07-27 23:09:50 +0300
© Reuters. By Yasin Ebrahim Investing.com -- The Dow racked up gains on Wednesday, as Federal Reserve Chairman Jerome Powell signaled that the Fed could slow...

Logo Nasdaq
MarketsBy Schaeffer2024-07-27 23:30:22 +0300
Stocks surged on Wednesday, gaining even more steam by the conclusion of the U.S. Federal Reserve's two-day meeting. The Fed hiked interest rates by 0.75...

Logo Investing.com
MarketsBy Investing Com2024-07-27 16:44:07 +0300
© Reuters. By Liz Moyer Investing.com -- U.S. stocks opened higher on Wednesday ahead of the Federal Reserve's interest rate decision as big tech earnings...