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Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
If the famously data-dependent Federal Reserve Chair Jerome Powell shifts gears and takes a gloomier view of the job market, that could open the door for a rate cut at the Fed’s next meeting in September.
Fed Chair Jerome Powell gives his final speech in Jackson Hole as a debate over inflation and interest rate cuts rages on.
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking ...
Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 ...
Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to ...
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