if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { - Pippa Stevens. (function() { Dollar rises from more than two-year low as U.S. stocks drop, Gold set for worst month since 2016 amid vaccine optimism, Gold firms as Mnuchin rekindles U.S. stimulus hopes, Dollar falls for 5th day as vaccine hopes outweigh spike in Covid cases, Gold dips as vaccine progress offset worries over rising cases, Gold edges up as virus surge overshadows vaccine optimism, What comes next for the Dow and S&P 500, according to market history, Dollar little moved by optimistic news on another Covid vaccine, Asia-Pacific shares mixed as U.S. coronavirus cases surge; Tencent shares jump after profit soars, Here are the things that scare Jerome Powell the most about the economy right now, What to watch today: Stocks set to drop as Covid vaccine rally takes a breather, 5 things to know before the stock market opens Thursday, Fed officials in 'robust' discussions about the future of their asset-purchase program, Fed holds rates near zero — here’s how that benefits Americans and their wallets, What to watch today: Stock futures set to rise as election remains unsettled, 5 things to know before the stock market opens Wednesday, As Washington delays stimulus, the Fed is running out of ways to help the economy, What to watch today: Dow set to jump as investors hope for additional economic stimulus, 5 things to know before the stock market opens Monday, Watch Fed Chair Jerome Powell speak live to the International Monetary Fund. 'cag[type_franchise]' : 'The Fed' , — Thomas Franck. (No player above? Dow futures declined Thursday as Wall Street worries about record spikes in new U.S. daily coronavirus cases. 'site' : 'cnbc.com-relaunch' , }; mps._queue.mpsloaded.push(function(){ 'path' : '/id/104507132' , mps._queue.adview = mps._queue.adview || []; Federal Reserve Chair Jerome Powell speaks about the decision to cut interest rates for the first time since 2008. A Division of NBCUniversal. 'nid' : '104507132' Dow futures rose Monday as investors held out hope that lawmakers and the White House can agree on additional coronavirus stimulus. U.S. stock futures were volatile overnight and early Wednesday with the election still unsettled. }); All Rights Reserved. document.cookie = "__adblocker=" + (adblocker ? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. window._mpspixZ = (function(a){var b="abcdefghiklmnopqrstuvwxyz".split("");a||(a=Math.floor(Math.random()*b.length));for(var c="",d=0;d()[].,;:s@"]+(.[^=&/<>()[].,;:s@"]+)*)@(([[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}.[0-9]{1,3}])|(([a-zA-Z-0-9]+. — Thomas Franck, U.S. stock index futures jumped as Fed Chair Powell announced a new inflation approach that would keep interest rates lower for longer. The dollar slipped for a fifth straight session on Wednesday, sliding to a more than one-week low, as positive vaccine news offset the surge in coronavirus cases and tighter economic restrictions across the United States and Europe. 'is_sponsored' : '0' , var setAdblockerCookie = function(adblocker) { } var _qs = window.location.href; Treasury Secretary Steve Mnuchin and Federal Reserve Chair Jerome Powell will testify Tuesday at 10 a.m. before the Senate Banking, Housing and Urban Affairs Committee. Accessible Keys for Video [Space Bar] toggles play/pause; [Right/Left Arrows] seeks the video forwards and back (5 sec ); [Up/Down Arrows] increase/decrease volume; [M] toggles mute on/off; [F] toggles fullscreen on/off (Except IE 11); The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off. }, mpsopts = { In a move that Chairman Jerome Powell called a "robust updating" of Fed policy, the central bank formally agreed to a policy of "average inflation targeting." Jerome Powell, the Federal Reserve chair testified at a hearing before the Senate Banking Committee on the central bank’s semi-annual monetary policy report. document.getElementsByTagName('meta')['tp:PreferredRuntimes'].setAttribute("content", "flash,html5"); Bleakley Advisory Group's Peter Boockvar said that Powell was "reinforcing the extreme dovishness" of the Fed. 'cag[configuration_franchise]' : 'The Fed' , })(); mps.__timer = Date.now ? *)$/,l=["appendChild","insertBefore","replaceChild"];f.inPlace(HTMLElement.prototype,l,"dom-"),f.inPlace(HTMLHeadElement.prototype,l,"dom-"),f.inPlace(HTMLBodyElement.prototype,l,"dom-"),c.on("dom-start",function(t){r(t[0])})}},{}],10:[function(t,e,n){var r=t("ee").get("mutation"),o=t(24)(r),i=NREUM.o.MO;e.exports=r,i&&(window.MutationObserver=function(t){return this instanceof i?new i(o(t,"fn-")):i.apply(this,arguments)},MutationObserver.prototype=i.prototype)},{}],11:[function(t,e,n){function r(t){var e=a.context(),n=s(t,"executor-",e),r=new f(n);return a.context(r).getCtx=function(){return e},a.emit("new-promise",[r,e],e),r}function o(t,e){return e}var i=t(24),a=t("ee").get("promise"),s=i(a),c=t(21),f=NREUM.o.PR;e.exports=a,f&&(window.Promise=r,["all","race"].forEach(function(t){var e=f[t];f[t]=function(n){function r(t){return function(){a.emit("propagate",[null,!o],i),o=o||!t}}var o=!1;c(n,function(e,n){Promise.resolve(n).then(r("all"===t),r(!1))});var i=e.apply(f,arguments),s=f.resolve(i);return s}}),["resolve","reject"].forEach(function(t){var e=f[t];f[t]=function(t){var n=e.apply(f,arguments);return t!==n&&a.emit("propagate",[t,!0],n),n}}),f.prototype["catch"]=function(t){return this.then(null,t)},f.prototype=Object.create(f.prototype,{constructor:{value:r}}),c(Object.getOwnPropertyNames(f),function(t,e){try{r[e]=f[e]}catch(n){}}),a.on("executor-start",function(t){t[0]=s(t[0],"resolve-",this),t[1]=s(t[1],"resolve-",this)}),a.on("executor-err",function(t,e,n){t[1](n)}),s.inPlace(f.prototype,["then"],"then-",o),a.on("then-start",function(t,e){this.promise=e,t[0]=s(t[0],"cb-",this),t[1]=s(t[1],"cb-",this)}),a.on("then-end",function(t,e,n){this.nextPromise=n;var r=this.promise;a.emit("propagate",[r,!0],n)}),a.on("cb-end",function(t,e,n){a.emit("propagate",[n,!0],this.nextPromise)}),a.on("propagate",function(t,e,n){this.getCtx&&!e||(this.getCtx=function(){if(t instanceof Promise)var e=a.context(t);return e&&e.getCtx?e.getCtx():this})}),r.toString=function(){return""+f})},{}],12:[function(t,e,n){var r=t("ee").get("raf"),o=t(24)(r),i="equestAnimationFrame";e.exports=r,o.inPlace(window,["r"+i,"mozR"+i,"webkitR"+i,"msR"+i],"raf-"),r.on("raf-start",function(t){t[0]=o(t[0],"fn-")})},{}],13:[function(t,e,n){function r(t,e,n){t[0]=a(t[0],"fn-",null,n)}function o(t,e,n){this.method=n,this.timerDuration=isNaN(t[1])?0:+t[1],t[0]=a(t[0],"fn-",this,n)}var i=t("ee").get("timer"),a=t(24)(i),s="setTimeout",c="setInterval",f="clearTimeout",u="-start",d="-";e.exports=i,a.inPlace(window,[s,"setImmediate"],s+d),a.inPlace(window,[c],c+d),a.inPlace(window,[f,"clearImmediate"],f+d),i.on(c+u,r),i.on(s+u,o)},{}],14:[function(t,e,n){function r(t,e){d.inPlace(e,["onreadystatechange"],"fn-",s)}function o(){var t=this,e=u.context(t);t.readyState>3&&!e.resolved&&(e.resolved=!0,u.emit("xhr-resolved",[],t)),d.inPlace(t,y,"fn-",s)}function i(t){g.push(t),h&&(x?x.then(a):v?v(a):(E=-E,O.data=E))}function a(){for(var t=0;t34||l<10)||window.opera||t.addEventListener("progress",function(t){e.lastSize=t.loaded},!1)}),f.on("open-xhr-start",function(t){this.params={method:t[0]},i(this,t[1]),this.metrics={}}),f.on("open-xhr-end",function(t,e){"loader_config"in NREUM&&"xpid"in NREUM.loader_config&&this.sameOrigin&&e.setRequestHeader("X-NewRelic-ID",NREUM.loader_config.xpid)}),f.on("send-xhr-start",function(t,e){var n=this.metrics,r=t[0],o=this;if(n&&r){var i=h(r);i&&(n.txSize=i)}this.startTime=a.now(),this.listener=function(t){try{"abort"===t.type&&(o.params.aborted=!0),("load"!==t.type||o.called===o.totalCbs&&(o.onloadCalled||"function"!=typeof e.onload))&&o.end(e)}catch(n){try{f.emit("internal-error",[n])}catch(r){}}};for(var s=0;s
2020 j powell live today