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Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months.
Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
The Dow Jones Industrial Average soared 716 points, or 1.6%, and was on track to blow past its own all-time high, which was ...
Powell spoke at the influential Jackson Hole Economic Symposium for likely the last time as Fed chairman. His term expires ...
Jerome Powell’s Jackson Hole speech pointed to a possible Fed policy shift as the jobs market weakens amid persistent ...
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 ...
Federal Reserve Chair Jerome Powell on Friday signaled that the central bank could potentially cut interest rates soon. While Powell did not explicitly indicate he was in […] ...
As investors cheered Federal Reserve Chair Jerome Powell's signal on Friday of possibly lower interest rates, there was one ...
Stocks surged higher on Friday as Federal Reserve Chair Jerome Powell signaled an interest rate cut could be on the way.