Fed Powell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

send? i'll ask john kirby with the national security council. let's go "outfront." good evening. i'm erin burnett. "outfront" tonight, pressure campaign. the january 6th select committee revealing tonight it will make the case tomorrow that donald trump's pressure on mike pence to overturn the election "d "directly contributed to the deadly snushg insurrection." the hearing will focus on president trump's efforts to convince his vice president to subvert the election. those efforts happening behind closed doors, on twitter, and on the airwaves. >> mike pence, i will tell you right no...

>> my fellow americans, enough. enough. it is time for each of us to do our part. it is time to act for the children we lost, the children we can save, for the nation we love. let's hear the call and the cry, let's meet the moment, let us finally do something. >> president issued several proposals including a ban on assault weapons, or at least raising the age to purchase them to 21. expanded background checks, new rules for safely storing weapons, new red flag laws, repealing the immunity that protects gun manufacturers from liability, and addressing mental health. his speech came a...

An article discussing the confusion and challenges surrounding the Fed's 2% inflation goal for the US economy, highlighting the higher long-term average and...

Dollar concluded last week with significant losses, influenced by a set of factors that realigned market expectations and investor sentiment. A pivotal moment came with Fed Chair Jerome Powell's much less-hawkish-than-feared remarks at the FOMC press conference, coupled with disappointing US employment figures. These developments led markets back to anticipate two Fed rate cuts by year-end. This recalibration in interest rate expectations spurred a rally in US stocks and a marked reduction in Treasury yields, which in turn exerted additional downward pressure on the Dollar.

Markets sentiment in the US stabilized overnight, responding positively to Fed Chair Jerome Powell's less hawkish-than-anticipated remarks in the post-FOMC press conference. DOW closed slightly up, while S&P 500 and NASDAQ saw mild losses only. Treasury yields and Dollar both fell in response to these developments. Key takeaways from Powell's address include a clear stance against further policy tightening, soothing market fears of another rate hike. The focus remains firmly set on the timing and pace of rate cuts, which would be heavily dependent on incoming economic data.