The Fed may do a policy U-turn and slash interest rates as soon as year-end - because a recession almost here, J.P. Morgan Asset Management's CIO says

Tech Insider : Economy, Economy
GettyImages 1229890667
Fed chair Jerome Powell is due to speak on Thursday

Pool/Getty Images

The Fed isn't done fighting inflation — but it'll ensure its next big decision won't bring 'unnecessary harm' to consumers

Tech Insider : Economy, Politics, Politics
Jerome Powell
Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC.

Kevin Dietsch/Getty Images

US debt explosion may force the Fed to halt a key tightening campaign so the financial system doesn't become unstable

Tech Insider : Economy
Jerome Powell
Federal Reserve Board Chairman Jerome Powell.

Drew Angerer/Getty Images

US stocks tumble as Nvidia-led rally fizzles ahead of Powell's Jackson Hole speech

Tech Insider
trader nyse chart screens terminal

Angela Weiss/AFP via Getty Images

Here's what Wall Street expects from Jerome Powell at Jackson Hole

Tech Insider
Powell Jackson Hole
Federal Reserve policymakers including chairman Jerome Powell in Jackson Hole, 2022.

Amber Baesler/AP Photo

A mild recession could actually be good for the housing market

Tech Insider
Home for sale

FREDERIC J. BROWN / Contributor/Getty Images

US stocks rise as tech sector leads rally amid high hopes for Nvidia earnings

Tech Insider
Nvidia president and CEO Jensen Huang holds a graphics card NVIDIA 4060Ti and a laptop at a keynote presentation at Computex, or the Taipei International Information Technology Show, on May 29, 2023.
Nvidia president and CEO Jensen Huang holds a graphics card NVIDIA 4060Ti and a laptop at a keynote presentation at Computex, or the Taipei International Information Technology Show, on May 29, 2023.

Walid Berrazeg/SOPA Images/LightRoc

US stocks rise after 3-week selloff as traders look ahead to key earnings and Powell speech

Tech Insider
trader nyse
A trader works during the Fed rate announcement on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019.

Reuters/Brendan McDermid

Subscribe to jerome-powell