News

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Treasury yields rise amid questions on Fed's ability to cut rates in September

Treasurys sold off slightly in Monday morning trading, but held on to the bulk of Friday's rally, as strategists raised ...

Wall Street ramps up bets on September rate cut after Powell's dovish tone

Brokerages are adding a September rate cut to their forecasts after Federal Reserve Chair Jerome Powell signaled the central bank could ease policy next month.

Mortgage Costs Weigh On Buyers as Fed Signals Rate Cut: What It Means for Housing

Jerome Powell has suggested policy shifts may be coming-and for the housing market, costs remain a critical pressure point.

Jefferies' David Zervos: 'No reason' for Fed to be waiting this long for rate cuts

David Zervos, Jefferies chief market strategist, joins CNBC's 'Closing Bell' to discuss Fed Chair Jerome Powell's dovish ...

TSX Futures Slip After Index Hit Record High on Rate Cut Optimism

(Reuters) -Futures tracking Canada's main stock index slipped on Monday after the index hit a record high in the previous ...