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Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.
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.
GOVI gives low-cost exposure to longer Treasuries, but shifting Fed policy and rate uncertainty make intermediate duration ...
According to the USDA’s Economic Research Service, food inflation eased in 2023 and 2024, and the agency’s 2025–26 outlook ...
The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by ...
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
I recently opened a second-quarter investment account statement, not to euphoria — but relief. Let’s not forget, U.S. equities flirted with a bear market earlier this year. There were concerns that ...
If we are to take the official unemployment rate as the final word on the employment situation, then we’re likely to conclude ...
Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest ...
Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.
Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, something President Trump has been agitating for.