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Fed Rate Cut Predictions Surge After Powell's Jackson Hole Speech
Major brokerages anticipate a 25-basis-point rate cut by the U.S. Federal Reserve in September, following Chair Jerome Powell's speech at Jackson Hole highlighting labor market risks. Powell's remarks led Barclays and others to adjust their rate cut forecasts,
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...
Speculation abounds that Powell is succumbing at least partially to President Donald Trump's ongoing pressure campaign ...
Wall Street stocks ended lower on Monday as investors parsed the outlook for U.S. interest rates and looked ahead to AI ...
Gold, silver, and mining stocks rallied after Friday’s dovish Fed Jackson Hole speech, which lifted market sentiment and ...
The president’s attempts to control monetary policy became the dominant yet unspoken theme at the annual central bankers’ ...
Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be ...
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