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Home > Latest

Lates News

date
24/09/2025
In the early morning trading session on Tuesday, the Dow Jones Industrial Average component stock Nike Inc. (NYSE: NKE) rose by 1%. Earlier reports stated that Nike's collaboration with Kim Kardashian's underwear brand would launch this week in an attempt to compete for the women's sports market.
Latest
1 m ago
"Fed Whisperer" Nick Timiraos' latest article: Federal Reserve Chairman Powell said that even after last week's rate cut, he still believes the Fed's rate stance is "still slightly tight." This means that if officials continue to judge that recent labor market weakness outweighs inflation setbacks, there is still more room for rate cuts this year. Powell broadly reiterated his views at last week's press conference after the rate cut. He emphasized the challenges the Fed faces in achieving both low inflation stability and promoting a healthy labor market. Powell said, "Two-way risks mean there is no risk-free path: cutting rates too much, too quickly could push inflation closer to 3% rather than the Fed's 2% target, while maintaining a restrictive policy stance for too long could unnecessarily weaken the labor market." Powell also reiterated his view that the slowdown in summer job growth this year made last week's policy shift necessary to focus more on the labor market than earlier this year. The slightly tight rate setting puts the Fed in a favorable position to address potential economic developments.
3 m ago
The Fed megaphone: Powell believes rates are still tight, opening up room for further rate cuts.
4 m ago
After Powell's speech, the yield on the 30-year US Treasury bond fell by 1.4 basis points to 4.747%.
4 m ago
After Powell spoke, the yield on the 10-year U.S. Treasury note fell by 1.6 basis points to 4.129%.
4 m ago
After Powell's speech, the yield on the two-year US Treasury bond fell by 0.7 basis points to 3.594%.
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