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Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
The Fed chair's remarks come against a fraught background with elevated inflation and weak hiring complicating the governors ...
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...
2hon MSN
Exclusive-Fed's Musalem says more data is needed to decide whether a September rate cut is warranted
St. Louis Fed President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the ...
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...
JACKSON HOLE, Wyoming — Federal Reserve Chair Jerome H. Powell said on Friday that a slowing job market “may warrant” ...
Federal Reserve Chair Jerome Powell on Friday pointed to a possible interest rate cut at the U.S. central bank's meeting next ...
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Powell tees ...
Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...
4h
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 ...
4hon MSN
Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record
Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest ...
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks ...
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