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Federal Reserve Chairman Jerome Powell received a standing ovation in Jackson Hole, Wyoming, on Friday. Powell said the central bank could soon resume cutting interest rates.
Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.
U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
If we are to take the official unemployment rate as the final word on the employment situation, then we’re likely to conclude ...
Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...
Today during an economic symposium in Jackson Hole, Federal Reserve Chairman Jerome Powell hinted at possible future interest ...
The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair ...
MSNBC’s Ali Velshi and economist Heather Long break down Federal Reserve Chair Jerome Powell’s speech indicating conditions ...
Stocks closed lower Wednesday, led by a continued technology sector sell-off, as investors brace for a big speech later in ...
Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...
Wall Street is rallying after the head of the Federal Reserve hinted cuts to interest rates may be coming, though he gave no ...