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Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, ...
Kansas City Fed president Jeffrey Schmid opened the door to rate cuts in September, but remains wary of inflation pressures in the economy.
Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may ...
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Britain's FTSE 100 closed at a record high for the third straight day on Thursday with healthcare stocks leading the gains, ...
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...
as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box ...
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday ...
The symposium comes amidst a confusing economic picture and pressure on several members of the top committee to quit from President Trump.
Investors will scrutinize the Fed chair's speech for clarity on whether the Fed will cut interest rates next month.
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