Wall Street Gets Rally Signals From Powell

Published on August 22, 2025

"This is an important shift for Chairman Powell," said market strategist Matt Maley.

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Powell Opens Door to Interest Rate Cut, Citing Labor Markets

August 22, 2025
Fed Chair Jerome Powell said the labor market is in a “curious kind of balance” resulting from a marked slowdown in both the supply of and demand for workers.

Existing Home Sales Unexpectedly Rise in July

August 22, 2025
Existing home sales unexpectedly rose in July but remain at subdued levels. According to the National Association of Realtors (NAR), existing home sales were up 2.0% from June to a seasonally adjusted annual rate of 4.01 million units.