In a CNBC interview, the policymaker did not share the market’s enthusiasm for a cut.
Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more
Here are some of the stocks posting the biggest moves in midday trading Friday.
Watch Fed Chair Powell’s full policy speech at Jackson Hole
Markets were looking for Powell to provide strong hints about a September interest rate cut.
Stocks making the biggest moves premarket: Nvidia, Intuit, Workday, Ross Stores and more
These are the stocks posting the largest moves in premarket trading.
Wage growth is doing something odd in 2025 — the last time it happened was around the Great Recession
Job “switchers” generally see wages grow at a faster pace than those who stay in their current role. However, that trend has reversed.
Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave.
Chocolate lovers, brace yourselves: Prices are rising, but not forever
“There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of products,” one analyst told CNBC.
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.