Jerome Powell

U.S. Treasury yields rose as investors awaited what could be Jerome Powell's final policy meeting as Fed chair. This potential leadership transition creates uncertainty for interest rate policy that affects technology sector valuations and investment flows.

The DOJ dropped its criminal probe of Fed Chair Jerome Powell, removing an obstacle to Kevin Warsh's confirmation as Trump's nominee for Federal Reserve Chair. This resolution clears the path for potential monetary policy changes that could affect technology sector financing and investment flows.

Federal Reserve Chair Jerome Powell stated that inflation outlook remains in check and no rate hikes are needed despite oil price shocks. This dovish stance supports continued investment in growth sectors like technology and AI, as lower borrowing costs typically benefit capital-intensive tech companies.