Federal Reserve Chairman Jerome Powell on Wednesday reinforced the message that the central bank is increasingly paying attention to a slowing labor market and not just taming inflation, a shift that suggests it is likely to start cutting…
(Bloomberg) -- Wall Street traders cheered Wednesday when Federal Reserve Chair Jerome Powell signaled he doesn't expect imminent interest rate hikes despite inflationary pressures. The celebration did not last long.Most read from…
JPMorgan Chase & Co. unexpectedly lifted its dividend 9.5% in the wake of a record annual profit and as regulators signal they may rethink proposals for tightening capital rules.
The increase to $1.15 a share, announced in a…
Jerome Powell Makes Crucial Comment for Cryptocurrency Market
U.Today - Jerome Powell, Chairman of the Federal Reserve, recently made statements that carry substantial weight for the financial markets, including cryptocurrencies. His…
In a recent statement, former President Donald Trump made it clear that, if elected for a second term, he would not reappoint Jerome Powell as the Federal Reserve Chair. Trump has expressed his dissatisfaction with the current Fed Chair's…
Anna Moneymaker/Getty Images News Investors today are looking to Wyoming, and it's not to book a national park getaway before the summer comes to an end. The annual Jackson Hole symposium hosted by the Kansas City Fed is underway, with…
Drew Angerer Later this week, monetary policymakers will gather at the the Kansas City Fed's annual economic symposium at Jackson Hole, Wyoming, to discuss "Structural Shifts in the Global Economy." The highlight is usually the Federal…