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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 ...
Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...
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 ...
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 ...
Tesla stock was up in early trading. Then came Powell’s speech, where he noted weakening labor-market conditions, paving the ...
The Dow was set for its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck ...
The Dow Jones index soars to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.
Explore Aswath Damodaran's insights on stock market valuations, Fed policies, and shifting investor expectations amid ...