Fed chief Powell is talking about the U.S. economy again. And Wall Street is all ears.

Core Insights - Wall Street is closely monitoring Federal Reserve Chairman Jerome Powell's statements as stock prices reach record highs [1] - Investors are anticipating further guidance on the potential reduction of U.S. interest rates from the Federal Reserve [1] Summary by Categories Market Reaction - Stocks have surged to record highs, indicating strong investor confidence and market optimism [1] Federal Reserve Insights - Jerome Powell's upcoming remarks are expected to provide clarity on the Federal Reserve's interest rate cut strategy [1]