Jerome Powell
Here are the five key takeaways from the Fed meeting and Powell news conference
U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., Oct. 29, 2025. Kevin Lamarque | Reuters The Federal Reserve meeting that wrapped up Wednesday both delivered on expectations and offered a few surprises. Here are five key takeaways: […]
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Powell says AI is different from dotcom bubble and is major source of economic growth
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC. Alex Wong | Getty Images Federal Reserve Chair Jerome Powell said on Wednesday that the artificial intelligence boom is different from the dotcom bubble of […]
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10-year Treasury yield surges back above 4% after Powell says December rate cut far from certain
Treasury yields gained even after the Federal Reserve cut rates for a second time this year as central bank chief Jerome Powell indicated another easing in December was far from certain. The benchmark 10-year Treasury yield was 7 basis points higher at 4.054%. The 2-year Treasury note yield added 9 basis points to 3.582%. The 30-year bond yield rose 5 basis points […]
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September. Text removed from the September statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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Japan stocks hit record high amid mixed trading in the region as investors look toward Fed rate decision
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Japan’s Nikkei 225 rose over 1% to hit a fresh record high amid mixed trading in the region on Wednesday as investors awaited the Federal Reserve’s interest rate decision, […]
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