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Powell puts rate cut on table

Fed's Powell hints at possible September rate cut in his biggest speech of the year

In his keynote Jackson Hole address, Fed Chair Jerome Powell spoke about the job market, inflation, and the central bank's future outlook.

ABC News on MSN · 4h

Dow closes up 840 points after Fed Chair Powell signals possible interest rate cut

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance assessed one day earlier, according to CME FedWatch Tool, a measure of market sentiment. Despite the market's positive reaction to Powell's speech, the Fed chair voiced a note of caution for the outlook for the U.S. economy.

NBC News on MSN · 9h

Powell opens door to potential rate cut in speech highlighting rising economic risks

Stocks surged on the remarks as investors anticipated the Fed was now more likely to lower its key borrowing rate at its next meeting in September.

Fed's Powell at Jackson Hole

Forbes on MSN · 7h

The World’s 10 Wealthiest People Became $33 Billion Richer After Powell’s Jackson Hole Speech

Reuters · 15h

Gold slips as dollar firms, spotlight on Powell's Jackson Hole remarks

Gold slipped on Friday due to a firmer dollar, with markets awaiting U.S. Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole symposium for more insight on the Fed's monetary policy path.

U.S. News & World Report · 1d

Powell to Give His Last Jackson Hole Speech Under Watchful Gaze of Wall Street and the White House

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming

Stock market today: Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell's Jackson Hole finale fuels bets on September rate cut

Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in ...

4hon MSN

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...

4hon MSN

The stock market soared following Fed Chair Powell’s speech. Why it might just be a ‘late-summer rally.’

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...

2hon MSN

Dow notches record high as Wall Street cheers Powell's speech

Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...

10hon MSN

Fed's Powell issues new Trump tariffs warning

Federal Reserve Chair Jerome Powell warned that the tariffs unleashed by U.S. President Donald Trump are pushing consumer ...

2hon MSN

Bitcoin, Ethereum, XRP Jump After Powell’s Fed Speech. How the Fed Is Boosting Cryptos.

Bitcoin, Ethereum, and XRP were being helped by Fed Chair Powell’s comments that rate cuts could be warranted in his speech ...

6hon MSN

Powell fires up markets, but some investors see reason for caution

Investors cheered Federal Reserve Chair Jerome Powell's Jackson Hole address, which gave a green light to buy risky assets on ...

5hon MSN

Pudgy Penguin toys are rallying thanks to Powell

Pudgy Penguins is also seeing daily momentum, having achieved a bump of 9.5% in the past 24 hours and 6.5% in just the last ...

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