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Why Shares of Upstart, SoFi, and Affirm Are Rising Today

fool.com What happened Several fintech stocks reversed course and moved higher this afternoon after Federal Reserve Chair Jerome Powell, during a highly anticipated press conference,…

Why Tesla Stock Hit the Accelerator Today

fool.com What happened Tesla's (TSLA 5.50%) stock was rising this afternoon after Federal Reserve Chairman Jerome Powell said that smaller interest rate hikes will begin in December.…

Why Block Stock Was Surging Today

fool.com What happened Shares of Block Inc. (SQ 8.60%) were surging higher on Wednesday afternoon, climbing as much as 8.9% at around 2:30 p.m. EST. By 3 p.m. EST, Block was trading…

Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes

decrypt.co Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes.…

Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December

forbes.com WATCH3:55 | Nov 30, 2022, 03:34PM EST Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December Stocks jumped Wednesday afternoon after Federal Reserve…

Fed Chair Powell Suggests 0.5 Percentage Point Hike For December

forbes.com Fed Chair Jerome Powell made clear in a recent speech that services inflation is what concerns him most. He is cautiously optimistic that goods prices will continue to come…

Jerome Powell’s signal that the Fed will slow its hikes sends the S&P index up

fortune.com Jerome Powell’s signal that the Fed will slow its interest rate hikes sends the S&P index up Chair Jerome Powell signaled the Federal Reserve will slow the pace of…

Fed won't crash economy with interest-rate hikes: Powell

reuters.com Nov 30 (Reuters) - The Federal Reserve has been "pretty aggressive" already with its interest rate hikes and won't try to crash the economy with further sharp increases just…

Fed won't crash economy with interest-rate hikes: Powell By Reuters

investing.com (Reuters) - The Federal Reserve has been "pretty aggressive" already with its interest rate hikes and won't try to crash the economy with further sharp increases just to get…

Elon Musk just accused the Fed of 'massively amplifying' the risk of a severe recession

fortune.com Elon Musk jut accused the Fed of ‘massively amplifying’ the risk of a severe recession The world’s wealthiest man has weighed in on the Federal Reserve’s all-or-nothing…

Stocks rally after Fed chair signals slowdown in rate hikes

theglobeandmail.com Stocks rallied and Treasury yields fell Wednesday after the head of the Federal Reserve said that the central bank could soon begin slowing down on its interest rate…

Why Carvana Stock Is Volatile Today

fool.com What happened Shares of the online car-buying platform Carvana (CVNA 2.11%) were volatile today after another analyst downgraded the company's stock. BofA Securities analyst…

Markets should brace for a period of central bank-induced turmoil before the Fed dials back on rate hikes, and stocks could soon retest recent lows, JPMorgan…

businessinsider.com Drew Angerer/Getty Images Stocks could be in for another bout of volatility before the Fed pivots from aggressive rate hikes, JPMorgan warned. That's because the Fed and…

Smaller rate hikes are likely coming in December, says Fed Chair Powell

cnn.com The Federal Reserve could pull back on the pace of its aggressive rate hikes as soon as December, Fed Chairman Jerome Powell said Wednesday at an economic forum. “The time…

The Fed: Powell says pace of interest-rate increases can slow as soon as December meeting

marketwatch.com Federal Reserve Chairman Jerome Powell indicated Wednesday the central bank may decide to raise interest rates at a slower pace at its next policy meeting. “The time for…

Instant View: Powell says rate hike moderation may come by December By Reuters

investing.com NEW YORK (Reuters) - The Federal Reserve could scale back the pace of its interest rate hikes as soon as December, Fed Chair Jerome Powell said on Wednesday, while…

Fed chair Powell: No "clear progress" toward lower inflation

axios.com Federal Reserve chair Jerome Powell said there isn't yet "clear progress" that decades-high inflation has turned a corner, despite rapid interest rate increases and slowing…

Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes

cryptopotato.com Jerome Powell – Chairman of the Federal Reserve – recently spoke about the future of macroeconomic policy and U.S. inflation at the Brooking Institution. As is typical,…

Powell signals 0.50% rate hike in December, citing need to 'moderate' pace

yahoo.com Federal Reserve Chair Jerome Powell set the table for a 50-basis point rate hike at the Fed's December policy meeting, saying in a speech on Wednesday it makes sense to…

Powell tees up slower December hike, but says still way to go until peak rates By Investing.com

investing.com By Yasin Ebrahim Investing.com -- Federal Reserve Chairman Jerome Powell said Wednesday that the pace of rate hikes is likely to slow, but the peak level of rates will be…

Fed chair signals smaller rate hikes as bank keeps up inflation fight

washingtonpost.com The Federal Reserve is preparing to slow the rapid pace of its interest rate hikes but will likely keep borrowing costs higher for longer than previously expected to get the…

Fed's Powell: Rate-hike slowdown possible next month, inflation fight far from over

reuters.com WASHINGTON, Nov 30 (Reuters) - The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," Fed Chair Jerome Powell said on Wednesday,…

2 Stocks You'll Be Glad You Bought at These Prices

entrepreneur.com With inflation finally showing signs of cooling down and the Fed hinting at less aggressive interest rate hikes, the stock market is experiencing a modest rally. Analysts…

3 Stocks You'll Be Thankful You Own This Winter

entrepreneur.com Amid cooling inflation, the Fed is most likely to lower its pace of rate hikes over the next months. However, inflation could still remain relatively high next year. Hence,…

Powell Speech Preview: Markets Seeking First Dovish Tilt As Rate Bets Fade, Dollar Retreats

thestreet.com Federal Reserve Chairman Jerome Powell is set to deliver a key policy speech Wednesday in Washington in what could be the last major address from a central bank official…

U.S. economy grew 2.9 percent last quarter slightly beating expectations, revised data says

pbs.org Support Intelligent, In-Depth, Trustworthy Journalism. Paul Wiseman, Associated Press Paul Wiseman, Associated Press Leave your feedback WASHINGTON (AP) — Despite high…

The latest terrible news for the stock market: The economy is booming again

businessinsider.com The Federal Reserve has spent the past year trying to break the US economy. In the face of scorching inflation, the Fed rapidly hiked interest rates in an attempt to slow…

Elon Musk urges the Fed to cut interest rates, warning its hikes have vastly increased the risk of a serious US recession

businessinsider.com Elon Musk. AP Photo/Susan Walsh Elon Musk has urged the Federal Reserve to cut interest rates immediately. The Tesla and Twitter CEO said the central bank's hikes have…

5 things to know before the stock market opens Wednesday

cnbc.com Here are the most important news items that investors need to start their trading day: Federal Reserve Chair Jerome Powell is scheduled to speak at the Brookings Institution…

Consumers are keeping the economy afloat... for now

cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Fed minutes indicate interest rate increases may slow soon

foxbusiness.com The Federal Reserve recently released the minutes from its November meeting, which showed that it will likely slow the pace of future interest rate increases as early as its…

Jerome Powell Will Offer a New Mantra: Slow and Steady

barrons.com Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next…

3 Stocks That Still Have Room to Run

entrepreneur.com With the October inflation report showing signs of cooling and anticipations of a slowdown in interest rate hikes, the stock market looks poised to extend its recent rally.…

Eurozone Inflation Receding and Now Pegged at 10%

coinspeaker.com Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general…

Two Huge Fed Earthquakes Could Be About To Cause Bitcoin And Ethereum Price Chaos

forbes.com Bitcoin and ethereum have come under severe pressure this year as the Federal Reserve hikes interest rates to levels not seen for over a decade (though Elon Musk has given…

Futures rise as focus turns to Powell speech

reuters.com Summary - Companies - Tesla up as sales in China nearly double in November - Biogen rises after "clean" Alzheimer's drug data - Fed Chair Powell's speech at 1330 EST (1830…

South Korea's Startups Minister Sounds Warning on Fed Rate Hikes

bloomberg.com South Korea's Startups Minister Sounds Warning on Fed Rate Hikes Bloomberg

European markets head for higher open as investors await euro zone inflation data

cnbc.com European markets were higher on Wednesday as regional investors reacted to the latest inflation data from the euro zone in November. The pan-European Stoxx 600 was up 0.6%…

Euro zone inflation drops, bolstering hopes for smaller ECB hike By Reuters

investing.com Breaking News FRANKFURT (Reuters) - Euro zone inflation eased far more than expected in November, raising hopes that sky-high price growth is now past its peak and…

Powell Will Offer a New Mantra: Slow and Steady

barrons.com Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next…

German Inflation Eases, Boosting Calls for Slower ECB Rate Hikes

bloomberg.com German Inflation Eases, Boosting Calls for Slower ECB Rate Hikes Bloomberg

Asian shares mostly higher ahead of Fed chair's key speech

go.com TOKYO -- Asian shares were mostly higher on Wednesday, ahead of a closely watched speech by the Federal Reserve chief that may give clues about future interest rate hikes.…

Fed's Kashkari: Jobs report shows why more rate hikes needed

foxbusiness.com The solid U.S. jobs report for October underscores why the Federal Reserve needs to raise interest rates higher than it had previously forecast in order to control…

Asia FX inches higher ahead of Powell speech, China optimism fades By Investing.com

investing.com By Ambar Warrick Investing.com-- Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome…

Fed's Bullard Repeats Call for Rate Hikes, Looks for Return to Normal

bloomberg.com Fed's Bullard Repeats Call for Rate Hikes, Looks for Return to Normal Bloomberg

Dollar near one-week high as traders prepare for Powell, payrolls tests By Reuters

investing.com By Kevin Buckland TOKYO (Reuters) - The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a three-day rally, as investors braced for comments…

The Tell: A Fed rate-hike cycle never hit stocks this hard before. Here’s what’s different this time

marketwatch.com Anyone watching the market knows stocks have been hammered since the Federal Reserve began in March what has turned into an aggressive series of interest rate hikes, but…

Jeremy Siegel says recession is 'virtually 100%' if Fed hikes next year

businessinsider.com Jeremy Siegel thinks a recession is nearly guaranteed if the Federal Reserve keeps tightening into 2023. - He told CNBC on Tuesday that he expects a 50-basis-point hike in…

The market will rally through the end of the week, says Virtus' Joe Terranova

youtube.com The market will rally through the end of the week, says Virtus' Joe Terranova CNBC Television The Fed is Hiking at the Most Aggressive Pace Ever (And What it Means for…

Gold, copper set for best month in 2022 on dovish Fed, China hopes By Investing.com

investing.com By Ambar Warrick Investing.com-- Gold and copper prices were muted on Wednesday in anticipation of a speech by Federal Reserve Chair Jerome Powell, but were headed for their…

South Korea Oct factory output drops at fastest pace since May 2020 By Reuters

investing.com SEOUL (Reuters) - South Korea's factory output dropped in October by more than expected and at the fastest pace in nearly 2-1/2 years, government data showed on Wednesday,…

S&P 500 ends down as Apple dips and traders eye Powell speech

reuters.com Summary - Companies - Investors look to Powell speech for interest rate clues - U.S. consumer confidence slips in November - S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29…

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