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Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
July’s weak jobs report could be grounds for a big rate cut come September.
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said ...
The Nasdaq, S&P 500, and Dow slip on Thursday, pressured by declining shares of Walmart (WMT) all while investors look ahead to Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole on ...
The symposium comes amidst a confusing economic picture and pressure on several members of the top committee to quit from President Trump.
Powell's speech at Jackson Hole will set the tone for policy through the rest of this year. BofA says the speech will drive big swings in these stocks.
Will Jerome Powell hint at interest rate cuts at the Jackson Hole summit? Either way, it could have a big impact on Bitcoin.
Nvidia has grown, swelling to a $4 trillion valuation last month, so has its weighting in the S&P 500. It now makes up almost 8 per cent of the index.
Silver (XAG/USD) extends its rebound for a second consecutive day on Thursday, although upside could be limited by a stronger US Dollar (USD) and firm Treasury yields. At the time of writing, the ...
Investors will scrutinize the Fed chair's speech for clarity on whether the Fed will cut interest rates next month.
U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations.