Gold gains nearly 2% as investors await Fed verdict, Powell speech

By Ishaan Arora (Reuters) -Gold rebounded nearly 2% on Wednesday as investors found the metal attractive after prices fell to ...

The S&P 500 stumbled from record highs during Powell’s speech. Traders were expecting it.

The three major U.S. indexes all closed at record highs three trading days in a row, before falling just short of a fourth ...

Fed Chair Powell says hiring slowdown poses economic risks, hinting at more interest rate cuts

Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it ...

Will Fed Chair Jerome Powell’s speech today trigger a fresh crypto market crash? Here’s what to track

Jerome Powells speech today is very important for the crypto market. Traders are watching to see if he talks about lowering interest rates or keeping them high. His words may decide if Bitcoin and ...

You can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on

Chair Powell’s press conference will pivot away from economic data—given its scarcity—and instead focus on balance sheet ...
Crypto Briefing

$300 million liquidated from crypto market in one hour as Fed Chair delivers FOMC speech

The crypto market saw $300 million liquidated as Federal Reserve Chair Jerome Powell spoke at the FOMC on Oct. 29.

Small-cap stocks close sharply lower after Powell says December rate cut not a ‘foregone conclusion’: Charles Schwab

After Federal Reserve Chair Jerome Powell said Wednesday that a December rate cut is not a “foregone conclusion,” it ...

Jerome Powell: AI boom is not a bubble, could ‘absolutely’ affect job market

Federal Reserve Chair Jerome Powell said Wednesday he did not believe the massive growth in artificial intelligence (AI) ...