S&P 500 Rises After Powell Says 'Time Has Come' for Rate Cuts

WSJAug 23 15:25 ET

Real Estate Stocks Soar: Why the Rally Shows No Signs of Slowing Down

Moomoo News GlobalAug 24 11:57 ET

Wall Street Today | Market Sees Bright Future After Fed Talk

Moomoo Recap USAug 23 16:04 ET

Powell Issues Strongest Signal Yet That Rate Cuts Are On the Way

WSJAug 23 14:32 ET

Nvidia 0DTE Holders Move to Longer-Dated Options, Tesla Options Jump After Powell Speech

Luzi Ann SantosAug 23 14:20 ET

The US Federal Reserve makes a major dovish turn! Powell hints at an upcoming interest rate cut: 'It's time to adjust policy.'

He explicitly pointed out that interest rate cuts are the future policy direction, with the reason being increasingly confident in inflation continuing to drop to the 2% target, while the Fed is not seeking nor welcoming a further cooling of the job market. He stated that the upside risks to inflation have weakened, while the downside risks to employment have increased. The policy direction has already been clarified, and the timing and pace of interest rate cuts will depend on subsequent data, changes in outlook, and risk balance.

wallstreetcnAug 23 11:51 ET