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Powell said economic growth “has slowed notably in the first half of this year,” to an annual rate of 1.2%, down from 2.5% ...
John Luke Tyner, head of fixed income at Aptus Capital Advisors, said Powell has accepted the market's argument that the ...
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...
Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.
Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...
The Fed chair’s measured approach leans toward cautious easing amid a “curious” labor market, despite inflation perils.
Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Powell tees ...
At today’s economic symposium in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell hinted that the Fed could ...
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Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record
Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest ...
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