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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.
Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.
Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting interest rates at its next policy meeting in September.
Markets rose Friday after Federal Reserve Chair Jerome Powell appeared to open the door to lowering interest rates, something ...
U.S. stocks soar, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest r ...
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 ...
Today's move might not stick, but Whirlpool stock is attractive anyway.
That’s where we are now. Our economic-number friends are behaving badly, leaving us unsure where to turn. Maybe in time we ...
The stock market closed at record highs Friday after Federal Reserve Chair Jerome Powell sparked confidence in a September rate cut among Wall Street traders. The Dow Jones Industrial Average rose ...
Lower rates help many businesses, including car makers. Rate cuts make financing vehicle purchases more affordable. As for ...
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