Jackson Hole

As the clock ticks down to NVIDIA Corporation's (NASDAQ: NVDA) Q2 2024 earnings report, set to drop after the closing bell on August 28, 2024, Wall Street is holding its collective breath. This isn't just another quarterly update - it's shaping up to be a market-defining moment that...

The Federal Reserve is expected reduce its benchmark interest rate from a 23-year high next month, affecting consumer debt, savings, auto loans and mortgages. Experts currently predict three quarter-point reductions in September, November, and December, with the potential for deeper cuts, reported...

In a pivotal address at the Jackson Hole Symposium in Wyoming, Federal Reserve Chair Jerome Powell signaled a forthcoming shift in interest rates Friday, stating “the time has come for policy to adjust.” His remarks suggest the Fed is on the cusp of easing interest rates, yet Powell...

Certain exchange-traded funds, or ETFs, experienced a significant surge following Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium. “The time has come for policy to adjust,” Powell said in a speech. The reassuring statement regarding upcoming rate cuts sparked a...

Federal Reserve Chairman Jerome Powell has dispelled any remaining uncertainty by signaling that the central bank is preparing to shift its monetary policy, effectively paving the way for imminent interest rate cuts. His remarks triggered a rally in rate-sensitive assets and pushed the dollar...

Federal Reserve Chairman Jerome Powell came across loud and clear on Friday at the Jackson Hole Economic Symposium that the Fed will cut rates in September, economists said. “Chairman Powell used the podium at the Jackson Hole Economic Symposium to officially announce the commencing of policy...

Jerome Powell's interest rate remarks Friday ignited a rally in stocks, bonds, and commodities, while the U.S. dollar plunged as traders solidified their bets on rate cuts. Financial markets responded positively to Fed chair Powell’s remarks at the Jackson Hole symposium, where he said the...

Federal Reserve Chair Jerome Powell signaled Friday that it’s time to adjust monetary policy, effectively paving the way for the beginning of interest rate cuts. Powell refrained from committing to a predetermined path for rate cuts or providing any hints about their size, emphasizing the...

MetLife Investment Management’s chief market strategist, Drew Matus, has urged Federal Reserve Chair Jerome Powell to disentangle the Fed’s actions from the stock market. What Happened: Matus pointed out that the Fed’s current strategy is flawed as it appears to be excessively...

David Mericle, chief U.S. economist at Goldman Sachs Group Inc. (NYSE:GS), shared his predictions for the forthcoming speech from the Federal Reserve chief in Jackson Hole. What Happened: Mericle suggested that a cut is broadly agreed upon by the committee following the latest Federal Reserve...

The Nasdaq 100 took a significant hit on Thursday, sliding 1.6% as investors adopted a cautious stance in anticipation of Federal Reserve Chair Jerome Powell’s much-anticipated speech at the Jackson Hole Symposium, scheduled for Friday at 10:00 a.m. ET. With market participants eagerly...

While discussions at the Federal Reserve’s Jackson Hole Symposium will cover various topics, investors remain especially focused on Fed Chair Jerome Powell‘s speech scheduled for Friday at 10 a.m. ET. The market, historically, is sensitive to any short-term monetary policy guidance...

By RoboForex Analytical Department The USD/JPY pair has weakened to 145.72, marking a two-week low as the yen strengthens against a backdrop of a weakening US dollar. This decline is primarily driven by market expectations surrounding the US Federal Reserve’s actions. The minutes from the Fed...

As the price of gold recently surpassed $2,500 per troy ounce, the value of a standard 400-troy-ounce gold bar has skyrocketed to the $1-million milestone for the first time in history. This surge isn’t due to a flood of consumers rushing to buy jewelry or a sudden spike in investor demand...

To gain an edge, this is what you need to know today. Overbought Stock Market Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: This article is about the big picture, not an individual stock.  The chart of NVDA stock is being used to illustrate the...