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Exclusive-Fed's Musalem Says More Data Is Needed to Decide Whether a September Rate Cut Is Warranted
Musalem spoke on the sidelines of the Fed's annual research conference here, where Fed Chair Jerome Powell in morning remarks pointed to a possible September rate cut given a "base case" that ...
The stock market closed at record highs Friday after Federal Reserve Chair Jerome Powell sparked confidence in a September ...
Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, something President Trump has been agitating for.
The Dow Jones Industrial Average adds 1.9 per cent to 45,631.74. Read more at straitstimes.com. Read more at straitstimes.com ...
He highlighted that while the labor market remains strong and the economy continues to demonstrate 'resilience,' downside risks are building.
Lenders also feel pressure when the U.S. Treasury yield curve flattens or inverts. Since banks borrow at short-term rates and ...
Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...
Federal Reserve chairman Jerome Powell said, “the baseline outlook and the shifting balance of risks may warrant adjusting ...
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
BENGALURU] European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve ...
Jerome Powell’s Jackson Hole speech pointed to a possible Fed policy shift as the jobs market weakens amid persistent ...
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