Jerome Powell

LONDON — Stocks are heading for a bumper week, but there are many reasons to be wary, one strategist warned on Friday."In short, we don't believe this rally," Salman Ahmed, global head of macro and strategic asset allocation at Fidelity…
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Road sign and red traffic light for STOP at corner of Wall Street and Broadway in New York, USA.Tim Graham | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC…
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CNBC's Jim Cramer on Thursday said the Federal Reserve no longer needs action to tame inflation — and it's because of the banking crisis.Cramer said 10 days ago that investors were expecting a possible 50-basis-point interest rate hike…
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Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected.Citing data earlier this year showing that inflation has reversed the deceleration it…
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U.S. stock index futures were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.Futures contracts tied to the Dow Jones Industrial Average dropped 1.9%, or 590 points. S&P 500…
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