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Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.
U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
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PsyPost on MSNResearchers fed 7.9 million speeches into AI—and what they found upends our understanding of language
When the meaning of a word shifts, do people of all ages follow the trend—or do younger generations lead while older speakers ...
The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by ...
On Wall Street, stocks of smaller companies led the way. They can benefit more from lower interest rates because of their ...
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
If we are to take the official unemployment rate as the final word on the employment situation, then we’re likely to conclude ...
DOGE’s breakout aligns with a broader crypto rebound as risk appetite improved across equities and digital assets. The ...
Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.
FOMC opted to leave its target range unchanged at 4.25%–4.50%, fresh details from the July meeting shed light on why ...
Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, something President Trump has been agitating for.
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