Fed Chair Jerome Powell’s speech on Friday at this year’s Jackson Hole Economic Policy Symposium balanced rising inflation risk against a fragile labor market, and the political calendar now raises the odds that his eventual successor will be less cautious on rates. Powell’s message was deliberately sober. He said the “effects of tariffs on consumer
Who is Fed Chair Jerome Powell? Jerome Powell’s feud with President Donald Trump has been making headlines. Here’s everything you should know about the Fed chair. U.S. stocks closed higher on Aug. 22, with the blue-chip Dow ending at a new record, after Federal Reserve Chairman Jerome Powell suggested an interest rate cut may be
Emergency Personal Loans and Installment Loans 2025 Market Update DALLAS, Aug. 21, 2025 (GLOBE NEWSWIRE) — This press release is for informational purposes only and does not provide financial advice. Some links in this article are promotional affiliate links. If readers click on these links and complete a loan request, the publisher may receive compensation.
WASHINGTON (TNND) — All eyes are on Jerome Powell this week as the Federal Reserve chair prepares to make a major speech in Wyoming this week where investors are hoping to gain insight into the central bank’s thought process on whether to cut rates at their September meeting with economic data pulling them in different
The US Federal Reserve (Fed) announced on Friday, 15 August 2025, that it is scrapping its “novel activities” supervision program. This program provided oversight into the crypto and fintech activities of institutional lenders, reported the news agency Reuters. According to the agency report, the banking regulator will now integrate the work into its regular bank
Inflation concerns were re-ignited during U.S. morning hours Thursday, sending risk assets — crypto among them — sharply lower. The July Producer Price Index (PPI) rose 0.9%, blowing past estimates for 0.2% and 0.0% in June. On a year-over-year basis, PPI was higher by 3.3% versus forecasts for 2.5% and June’s 2.4%. Core PPI, which
According to Mortgage News Daily, mortgage rates have dropped to a low of 6.53%, marking a new year-to-date low. With Federal Reserve Chair Jerome Powell under tremendous pressure to lower the Fed funds rate, he finally has the cover to do so with the last jobs report. However, as always, the bond market tends to
KNOWING where to invest your cash is difficult as there are thousands of companies to choose from. That’s why Holly Mead, a financial journalist with 14 years’ experience, spoke to investing experts to reveal the top 20 stocks they are banking on to make them rich this year – and the five to avoid. 27
NEWYou can now listen to Fox News articles! We’re living in a time when you can finance pizza. Where $100 jeans can be split into four easy payments. Where “zero interest” sounds like free money. But behind the buzzwords and flashy apps, Buy Now, Pay Later (BNPL) is turning into one of the most financially destructive forces
Cash ISAs may not be delivering the value people think they are – despite their popularity – experts have warned. In fact, savers could be unknowingly losing out on thousands of pounds in potential returns by relying too heavily on these low-interest accounts. One finance expert is warning that treating Cash ISAs as a safe