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Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Powell's speech at Jackson Hole will set the tone for policy through the rest of this year. BofA says the speech will drive big swings in these stocks.
30mon MSN
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday.
The Nasdaq, S&P 500, and Dow slip on Thursday, pressured by declining shares of Walmart (WMT) all while investors look ahead to Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole on ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
Will Jerome Powell hint at interest rate cuts at the Jackson Hole summit? Either way, it could have a big impact on Bitcoin.
42mon MSN
Stocks are falling again on Wall Street after a weaker-than-expected profit report from Walmart
U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations.
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