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Bitcoin’s strong reaction to the Fed chair’s comments on the US economy and the bank’s monetary policy plans has traders ...
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Inquirer Business on MSNUS stocks rally, dollar drops as Fed chief fuels rate cut hopes
US stocks rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest rates. This also sent the dollar dropping against the euro and other major currencies.
The Dow Jones Industrial Average rose 846 points to a new record, the S&P 500 jumped 1.5%, and the Nasdaq composite rose 1.9%. Poor job numbers this month added fuel to the speculation that Powell ...
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, as he faces President Donald Trump's intensifying pressure on the central bank.
Today during an economic symposium in Jackson Hole, Federal Reserve Chairman Jerome Powell hinted at possible future interest ...
Federal Reserve Chairman Jerome Powell signals potential interest rate cuts while addressing inflation and employment ...
Intel ( INTC 5.64%) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor ...
JACKSON HOLE, Wy. -- Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a ...
The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone ...
With the news that the Federal Reserve may soon be dropping interest rates, many are wondering what that means for Utahns ...
Shares of Tesla surged Friday, amid a broader market rally fueled by optimism about the prospect that the Federal Reserve ...
The stock market closed at record highs Friday after Federal Reserve Chair Jerome Powell sparked confidence in a September ...
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