The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Stocks, however, still posted overall wins for the week. The S&P 500 ( ^GSPC) ended the week up about 1.4%. The Dow Jones ...
Intelligencer on MSN3d
How Jerome Powell Got The Fed To A Big Half-Point CutWould Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or ...
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Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or ...
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For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...
Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to ...
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FACT CHECK: Joe Biden Incorrectly Claims He Has Not Spoken To Federal Reserve Chair Powell Since He Became PresidentPresident Joe Biden said in Sept. 19 remarks that he hasn’t spoken with Federal Reserve Chairman Jerome Powell since he ...
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