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Fed Rate Cut Predictions Surge After Powell's Jackson Hole Speech
Major brokerages anticipate a 25-basis-point rate cut by the U.S. Federal Reserve in September, following Chair Jerome Powell's speech at Jackson Hole highlighting labor market risks. Powell's remarks led Barclays and others to adjust their rate cut forecasts,
“All eyes are on Nvidia,” said Katie Stockton, founder of Fairlead Strategies, a research firm that provides technical ...
The Federal Reserve’s annual conference, hosted by the Kansas City Fed in Jackson Hole, Wyoming, began Thursday evening with ...
Fed Chair Jerome Powell laid out his dissenters’ opinions, signaled a near-future rate cut – and took a stand against ...
Don’t be fooled by the headlines from Jackson Hole or the quick euphoria on Wall Street. The true picture of what just ...
The president’s attempts to control monetary policy became the dominant yet unspoken theme at the annual central bankers’ ...
Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in ...
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
This Monday: the realization that a weaker job market is not to be celebrated, even if it means lower interest rates.
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