Real-time Financial News

Providing fresh, timely, and comprehensive global financial news to help you seize investment opportunities and directions at the earliest.
2025-07-13 Sunday

  • 03:27:39

    After Federal Reserve Chairman Powell concluded his press conference, the S&P 500 fell 0.4% and the Nasdaq fell 0.88%, recovering slightly after hitting its lowest point of the session. Star technology stocks generally fell, with Intel (INTC.O) falling more than 3%, Alphabet (GOOG.O, GOOGL.O) falling more than 2%, and Microsoft (MSFT.O) and Apple (AAPL.O) falling more than 1%.

  • 03:26:08

    Olu Sonola, head of U.S. economics at Fitch Ratings: The Fed has raised its forecast for economic growth and lowered its forecast for the unemployment rate in 2024. This message clearly shows that the Fed has raised their expectations for a soft landing, although Interest rates will remain higher for longer.

  • 03:24:56

    Federal Reserve Chairman Powell: The biggest wage increases are in low-income jobs.

  • 03:24:41

    Fed Chairman Powell: Surveys show people are dissatisfied with the U.S. economy.

  • 03:24:22

    Fed Chairman Powell: According to most indicators, we see that real wage growth is now positive.

  • 03:23:06

    Fed Chairman Powell: When we raise interest rates, people who live on borrowing will feel it more strongly.

  • 03:20:11

    Fed Chairman Powell: There are many possible explanations for stronger-than-expected GDP.

  • 03:19:32

    Fed Chairman Powell: Household and corporate balance sheets are stronger than expected.

  • 03:19:26

    Fed Chairman Powell: The Fed has the ability to proceed with caution as we move forward.

  • 03:18:28

    Fed Chairman Powell: An economic recession caused by rising interest rates is "always a concern."

  • 03:17:56

    Fed Chairman Powell: Our primary concern is restoring price stability.

  • 03:17:54

    Fed Chairman Powell: If the economy performs stronger than expected, it means we will have to do more to reduce inflation.

  • 03:12:05

    Fed Chairman Powell: We tend to ignore short-term fluctuations in energy prices.

  • 03:11:33

    Federal Reserve Chairman Powell: Energy prices do not have much influence on economic trends.

  • 03:11:08

    Fed Chairman Powell: We don’t need to rush to conclusions about what we need to do.

  • 03:11:03

    Fed Chairman Powell: The key is the persistence of high energy prices.

  • 03:11:01

    Fed Chairman Powell: Energy prices are very important to consumers.

  • 03:09:31

    Fed Chairman Powell: The government shutdown may reduce some of the data we get, and we have to deal with that.

  • 03:08:59

    Fed Chairman Powell: The FOMC will not comment on the government shutdown.

  • 03:07:47

    Fed Chairman Powell: The risks of over-tightening and over-easing have become more balanced.

1...337633773378...4874

Create Account MyJRFX Download