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Donald Trump on Monday fired Federal Reserve Governor Lisa Cook, an unprecedented and significant escalation of his attacks on the U.S. central bank's independence over its refusal to cut interest ...
Powell highlighted a cooling labor market, with the unemployment rate at 4.3%, “still low by historical standards but almost ...
Morgan Stanley has joined a growing bloc of global brokerages forecasting a September interest rate cut by the U.S. Federal ...
Dow Jones Top Markets Headlines at 9 PM ET: Dow Loses About 350 Points After Record-Breaking Run | Trump ... The blue-chip index fell 0.8%, weighed down by falling shares of Merck and Amgen. In a ...
Wall Street stocks ended lower on Monday as investors parsed the outlook for U.S. interest rates and looked ahead to AI ...
Investors on Monday wound back some of Friday's sharp market swings sparked by Fed Chair Jerome Powell's dovish pivot, a ...
Rate cut to "stimulate" jobs? Powell: "while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in ...
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Friday’s price action in precious metals and mining stocks was very encouraging and increases the probability of a bullish ...
Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...
Bank strategists cite growing optimism following Jackson Hole remarks, though earnings, sales trends, and tariff risks could make or break the small-cap rally.
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...