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U.S. stocks surged after Federal Reserve Chair Jerome Powell suggested a potential rate cut. The Dow Jones gained 732 points, ...
Here are some of the key quotes from Federal Reserve Chair Jerome Powell's speech this morning in Jackson Hole, Wyo. On ...
16mon MSN
Fed Chair Powell hints at rate cuts amid weak US job market, 'impact of tariffs visible on prices'
Federal Reserve Chair Jerome Powell said Friday that the weak job market may soon force the Fed to cut interest rates. He ...
At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.
WASHINGTON (Reuters) -U.S. President Donald Trump on Friday said he would fire Federal Reserve Governor Lisa Cook if she ...
In his final Jackson Hole speech, Fed Chair Jerome Powell hinted at possible policy adjustments while cautioning about ...
Traders boosted bets on a September rate cut after Powell’s comments, now placing a nearly 90% chance of a reduction, versus ...
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