Consequently, shares of ConocoPhillips COP and Microsoft Corporation MSFT rose 4.2% each. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report ConocoPhillips (COP) : Free Stock Analysis Report To read this article on Zacks.com click here. However, Powell said he expects the easing of inflation to be a long process and cautioned that interest rates could rise more than what markets are currently anticipating if the supporting economic indicators continue to show a robust economy.