Jerome Powell

No signs of de-anchored inflation expectations, ECB policymaker saysThere are no signs of de-anchored market expectations on inflation, according to European Central Bank policymaker Robert Holzmann.The statement was featured on a slide…

Morgan Stanley's Mike Wilson is telling investors to brace for a winter downdraft.He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000."Even though a majority of institutional clients think we're probably going to be…

Stocks were little changed Tuesday as investors awaited economic data and corporate earnings coming later in the week for signs into how the Federal Reserve will move interest rates going forward.The Dow Jones Industrial Average gained…

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | ReutersStocks opened little changed Monday after the major averages posted their second straight week of…

Stock futures were lower Friday morning as investors responded to data that elevated concerns of a looming recession and looked ahead to a slew of Federal Reserve speakers scheduled for later in the day.Futures tied to the Dow jones…

Stocks fell sharply Thursday after new data showed retail sales fell more than expected in November, raising fears that the Federal Reserve's relentless interest rate hikes are tipping the economy into a recession.The Dow Jones…

ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheetThe European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its key rate from 1.5% to 2%.It also announced plans to…

Democrats are starting to feel good about the economy’s direction, with a five-month downward trend in prices and less aggressive action on interest rates signaling a possible change in fortunes.  “I think we’re in a better…

China's November retail sales see significant missChina's industrial production for November grew 2.2%, after seeing a growth of 5% in October, according to official data. That's lower than expectations for growth of 3.6% in a Reuters…

Stock futures were cautious Wednesday morning as investors await the Federal Reserve's latest interest rate hike decision in its effort to crush inflation, set to be delivered on Wednesday.Dow Jones Industrial Average futures rose 22…