Fed’s Jackson Hole Conference Is Underway
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Wall Street rallied on Friday morning after Federal Reserve Chair Jerome Powell's signaled a rate cut could be on the horizon.
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World shares are mixed as traders await cues on U.S. monetary policy from Jackson Hole meeting
World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming
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Jerome Powell signals potential rate cut and defends Fed independence in final Jackson Hole address
The Chair of the Federal Reserve warned on Friday that Trump's trade war could drive up prices in the US.
US stocks gained on Friday ahead of Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole policy symposium, with investors awaiting signals on the path of interest rates. The Dow Jones Industrial Average rose 297 points,
Bond investors are heading into Friday’s much-anticipated Jerome Powell speech largely expecting the Federal Reserve chair will indicate policymakers will start cutting interest rates next month.
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