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U.S. stocks soar, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
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 ...
Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as next month. The Wall Street Journal's chief economics correspondent, Nick Timiraos, weighs in on the ...
Federal Reserve Chair Jerome Powell just gave Wall Street—and Main Street— a reason to celebrate. In a closely watched speech at the Fed's annual Jackson Hole conference, Powell sent a clear signal ...
While Jerome Powell delivers his annual address, President Trump issues a fresh threat against a Fed governor, Lisa Cook.
Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...
Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...
Reactions to Jerome Powell's comments at Jackson Hole. Walmart, Home Depot and retail earnings. Palantir declines.
Stocks surged higher on Friday as Federal Reserve Chair Jerome Powell signaled an interest rate cut could be on the way.
From Wall Street’s surge on Powell’s rate-cut hints to Canada’s softer line on US tariffs and Donald Trump’s push for $2 ...
Wall Street shares rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest rates, ...
Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...