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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,
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking ...
Fed Chair Jerome Powell's address on Friday and Nvidia earnings after the close on Wednesday may hold the keys as to whether ...
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