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The U.S. dollar is widely regarded as the world’s primary reserve currency, anchoring global trade and investment. But ...
The hope among investors had been that Jerome Powell would hint in his speech at a central bankers’ symposium in Jackson Hole, Wyoming, that cuts to interest rates may be imminent. Wall Street loves ...
A bitcoin rally above $115,700 follows Fed Chair Powell's hint at a possible September rate cut and data-driven monetary ...
The Federal Reserve Chair Jerome Powell will give his keynote address at the central bank's annual conference on Aug. 22. Here's how to watch it live.
Stocks surged on the remarks as investors anticipated the Fed was now more likely to lower its key borrowing rate at its next ...
Federal Reserve Chair Jerome Powell warned that the tariffs unleashed by U.S. President Donald Trump are pushing consumer prices higher and would continue to do so over the coming months.
Inflation expectations derived from the bond market were rising on Friday, suggesting simmering concerns about future price ...
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 is set to speak from Jackson Hole at 10 a.m. Investors will read into the speech for clues about interest-rate cuts and inflation. Follow along for live updates on ...
A shifting balance of risks "may warrant adjusting our policy stance," Federal Reserve Chair Jerome Powell said on Friday, indicating that he's open to lowering the central bank's policy rate if the ...
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