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Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...
Still, Powell’s remarks suggest the Fed will proceed carefully in the coming months and will make its rate decisions based on ...
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
Jerome Powell appeared to back a cut to borrowing rates and played down long term inflation risks in his annual speech at ...
The S&P 500 was 1.7% higher after Fed Chair Jerome Powell said in a speech at Jackson Hole that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may ...
Wall Street rallied on Friday morning after Federal Reserve Chair Jerome Powell's signaled a rate cut could be on the horizon ...
Shares of affordable single-family home construction company LGI Homes (NASDAQ:LGIH) jumped 9% in the afternoon session after ...
Yields on U.K. government bonds fell, tracking their U.S. equivalents, after U.S. Federal Reserve Chair Jerome Powell signalled possible interest-rate cuts in September during a speech at the Jackson ...
While Jerome Powell delivers his annual address, President Trump issues a fresh threat against a Fed governor, Lisa Cook.
There’s the awkwardness that if the US central bank does cut rates, it may be because the economy is in trouble, and it has ...
Federal Reserve Chair Jerome Powell just gave Wall Street—and Main Street— a reason to celebrate. In a closely watched speech at the Fed's annual Jackson Hole conference, Powell sent a clear signal ...
US stocks surged after Jerome Powell's Jackson Hole remarks set up a best-case scenario for traders.The Fed Chair signaled the central bank was poised to issue a 25-basis-point rate cut in ...