CNBC Daily Open: All roads lead to Jerome Powell | NYGazet

A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks surging and Treasury yields falling.

Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025. Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases ... [1340 chars]