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Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...
When the market feels more secure, it invests in places considered riskier bets. Cryptocurrencies and other fintechs that are part of emerging technology sit squarely in those crosshairs. This time it ...
Wall Street shot higher on confirmation US rates are coming down next month. But an increase in speculation and political ...
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.
At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.
Traders boosted bets on a September rate cut after Powell’s comments, now placing a nearly 90% chance of a reduction, versus ...
His comments paved the way for a potential rate cut at the Fed's September meeting, although Powell stressed the importance ...
The Fed chair's remarks come against a fraught background with elevated inflation and weak hiring complicating the governors ...
The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone ...
Wall Street's main indices ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Powell tees ...
Wall Street traders dialed up bets on rate cuts Friday and tamped down their expectations of future volatility. Futures ...