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Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.
U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
US stocks rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest rates. This also sent the dollar dropping against the euro and other major currencies.
Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.
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 ...
Intel (NASDAQ: INTC) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor ...
FOX Business host Charles Payne discusses why stocks are soaring after Federal Reserve Chair Jerome Powell's speech and ...
Here are some of the key quotes from Federal Reserve Chair Jerome Powell's speech this morning in Jackson Hole, Wyo. On ...
The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair ...
Shares of Tesla surged Friday, amid a broader market rally fueled by optimism about the prospect that the Federal Reserve ...
The Dow, S&P 500, and Nasdaq fell as the stock market looked ahead to the Federal Reserve's Jackson Hole Symposium.