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News

Powell's Last Jackson Hole Speech Could Be a Big 1

Insider on MSN · 23h
Jerome Powell just told investors exactly what they wanted to hear at Jackson Hole
Fed Chair Powell sparked a big rally as he signaled the central bank could cut rates in September in his remarks at the Jackson Hole policy symposium.
USA TODAY on MSN · 2d
Fed's Powell faces dilemma as he crafts message on interest rate cuts at Jackson Hole
Federal Reserve Chair Powell must tread a fine line as he readies a message on interest rate cuts at the central bank's conference in Jackson Hole, WY
ABC News on MSN · 22h
Dow closes up 840 points after Fed Chair Powell signals possible interest rate cut
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance assessed one day earlier, according to CME FedWatch Tool, a measure of market sentiment. Despite the market's positive reaction to Powell's speech, the Fed chair voiced a note of caution for the outlook for the U.S. economy.
Marketplace
1d

At Jackson Hole, Powell expected to unveil new 5-year interest rate framework

Federal Reserve Chair Jerome Powell is set to speak Friday in Jackson Hole, Wyoming, at a Fed research conference. As always, ...
1d

SNAPSHOT US stocks extend gains after Powell opens door to interest-rate cuts

U.S. stock indexes extended gains on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the ...

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