Jerome Powell Finally Concedes 'Rate Cut Could Be On The Table' In September: Stocks, Gold Rise, Dollar Falls

  • last month
Powell indicates a potential rate cut in September if inflation and labor market meet expectations. Market speculates three rate cuts by year-end; gold rises, dollar falls, tech stocks surge.
Transcript
00:30You

Recommended

0:49
I
Up next
Trump's Niece Says Kamala Harris' 'Brilliant' Debate Performance Clarified What Kind Of Leader She Would Be: Ex-President 'Reduced To Sputtering Incoherence'
Benzinga
0:49
Hurricane Francine Approaches Louisiana Coast With Category 2 Storm Potential, Local Oil Refineries Cut Production
Benzinga
0:49
'They're Eating The Cats:' How Polymarket Traders Predicted Donald Trump's Bizarre Claim And The Pre-Debate Handshake
Benzinga
0:48
Melinda Gates Reveals 'Substantial' Donations To Kamala Harris-Tim Walz Campaign, Says Her Billionaire Status Is Still 'Surreal:' 'We Are Like-Minded On Many Issues'
Benzinga
0:44
Nancy Pelosi Says Trump Lost To Kamala Harris And 'That's Why He Doesn't Want To Debate Again'
Benzinga
0:30
The Number Of Interest Rate Cuts Expected By The End Of 2024
Benzinga
0:45
Nasdaq 100 Notches Record Daily Close, Boosted By Mega-Cap Giants, Fed Rate Cut Optimism
Benzinga
4:12
No Bid For Defensives and What Are The Bond Markets Telling Us? - Cameron Dawson, CFA, Chief Investment Officer, NewEdge Wealth
Benzinga
5:15
Will The Fed Raise Rates? Traders And Investors Look Ahead To The Federal Reserve’s Interest Rate Decision Due On Wednesday
Benzinga
6:39
What turns around the value stocks?
Benzinga
1:10
Will Jerome Powell Spoil Wall Street's Party? US Stock Futures Slip As Fed Chief Maintains Hawkish Tone Ahead Of More Earnings
Benzinga
0:58
Fed May Be 'Bullied' Into 50 BPS Cut In September, Says Mohamed El-Erian, As Global Markets Melt Down
Benzinga
14:39
Is This A Turn In The Market? What If Interest Rates Stay Higher For Longer?
Benzinga
5:13
Is This A Buy The Dip Opportunity In The Stock Market?
Benzinga
1:31
Why Is The Fed Still So Aggressive? - Jeremy Schwartz, Chief Investment Officer at WisdomTree
Benzinga
2:34
Where is the strength and wekness in the market right now? - $ADBE $XOM $KRE
Benzinga
4:01
A Tale Of 2 Markets: Will We Have An Everything Rally Or Should You Play It Safe?
Benzinga
3:00
Fed Rate Change Expectations By The End Of 2024
Benzinga
14:01
Are We About To See An 8%-10% Market Correction? Craig Johnson, CFA, CMT
Benzinga
9:17
Why Is The NY Fed President Willams Undoing Eveything Powell Said On Wednesday? Michael Hewson, Chief Market Analyst at CMC Markets
Benzinga
1:10
Once The Dollar Breaks Down, Peter Schiff Warns Of Run-Away Inflation: 'Investors Are Completely Unprepared'
Benzinga
1:45
Are Housing Stocks Pointing Towards A Recession? - $TOL
Benzinga
0:55
US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets
Benzinga
1:20
Investor Optimism Decreases Slightly, But Dow Records Gains For 4th Day
Benzinga
13:34
"The Second Half Of September Is When The Trouble Tends To Come" - Ryan Detrick, CMT, Carson Group
Benzinga