In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.
These are the stocks posting the largest moves in midday trading.
The firm also reiterated its buy rating on this name.
These are the stocks posting the largest moves in premarket trading.
The bank’s massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.
U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million — a 29% discount to its last valuation.
Bank of America’s results hinge on interest rates and their impact on net interest income.
China’s slowing economy is still waiting for promised government support to kick in.
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
Hundreds of users have flagged difficulties accessing their accounts, a problem the bank has acknowledged.