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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 ...
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...
Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.
Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .
Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...
Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...
Canada's major stock index rallied to another record high on Friday as investors sought to increase their ownership of shares ...
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News Nation on MSNDow hits record high as stocks rally on Powell speech, rate cut hopes
The stock market closed at record highs Friday after Federal Reserve Chair Jerome Powell sparked confidence in a September ...
U.S. stocks are ticking higher ahead of a highly anticipated speech about where interest rates may be heading.
The S&P 500, one of the broadest index of stocks, climbed 1.5%, while the tech-focused Nasdaq increased 1.9%. The 30-stock ...
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
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