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Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...
Bitcoin surged 4% to $117K after Fed Chair Powell hinted at September rate cuts, triggering $379M in short liquidations.
Stock futures were rising early Friday ahead of Federal Reserve Chair Jerome Powell’s keynote speech at the symposium in ...
The Dow Jones Industrial Average rose 846 points to a new record, the S&P 500 jumped 1.5%, and the Nasdaq composite rose 1.9%. Poor job numbers this month added fuel to the speculation that Powell ...
That is, Powell left himself "plenty of wiggle room" in terms of setting monetary policy, as he "walked a fine line" between the risks of tariffs increasing inflation and a weakening in the U.S. labor ...
Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...
Jerome Powell just concluded his much-anticipated speech at the Jackson Hole economic conference, and the reactions are ...
Wall Street is rallying after the head of the Federal Reserve hinted cuts to interest rates may be coming, though he gave no ...
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
The benchmark S&P 500 Information Technology Index is down 1.50% for the past week, as AI stocks were stuck in a blender that ...
Chair Powell could have been super balanced, or even hawkish. But he effectively chose to endorse the market discount for a ...
Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...
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