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A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered ...
The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.
Fed Chair Powell triggers a bond rally that sends Treasury yields down across maturities, and the dollar weakens. At Jackson Hole, Powell expresses more concern about weakening employment than rising ...
Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as next month. The Wall Street Journal's chief economics correspondent, Nick Timiraos, weighs in on the ...
Still, Powell’s remarks suggest the Fed will proceed carefully in the coming months and will make its rate decisions based on ...
The S&P 500 was 1.7% higher after Fed Chair Jerome Powell said in a speech at Jackson Hole that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may ...
Federal Reserve Chair Jerome Powell just gave Wall Street—and Main Street— a reason to celebrate. In a closely watched speech at the Fed's annual Jackson Hole conference, Powell sent a clear signal ...