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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.
The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by ...
On Wall Street, stocks of smaller companies led the way. They can benefit more from lower interest rates because of their ...
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
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 ...