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Powell: More rate hikes are still on the table - Vimarsana News

Powell: More rate hikes are still on the table

Additional interest rate hikes are still on the table and rates could remain elevated for longer than expected, Federal Reserve Chair Jerome Powell said Friday.

Source: cnn.com
Here's what Wall Street expects from Jerome Powell at Jackson Hole - Vimarsana News

Here's what Wall Street expects from Jerome Powell at Jackson Hole

A stock sell-off in August, prompted in part by rising bond yields, means traders are listening closely for how long they can expect higher rates.

Source: yahoo.com
Powell Is Using Jackson Hole as Final Push in Inflation Fight - Vimarsana News

Powell Is Using Jackson Hole as Final Push in Inflation Fight

(Bloomberg) -- Federal Reserve Chair Jerome Powell is expected to map out final steps in the US central bank’s campaign to tame inflation, and reinforce its commitment to finishing the job, when he speaks Friday in Jackson Hole, Wyoming.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets W

Source: yahoo.com
Could Fed Chair Powell's Jackson Hole speech send stocks plunging again? - Vimarsana News

Could Fed Chair Powell's Jackson Hole speech send stocks plunging again?

With Nvidia earnings out of the way, the next test for US markets is Federal Reserve Chair Jerome Powell’s annual speech at the Jackson Hole economic summit on Friday.

Source: cnn.com
US mortgage rates soar to 7.23%, a 22-year high - Vimarsana News

US mortgage rates soar to 7.23%, a 22-year high

US mortgage rates surged again this week, rising to their highest level since 2001.

Source: cnn.com