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Jerome Powell just told investors exactly what they wanted to hear at Jackson Hole

Fed Chair Powell sparked a big rally as he signaled the central bank could cut rates in September in his remarks at the ...

Gold rate today: What Jerome Powell's Jackson Hole speech signals about MCX gold rate

The MCX gold rate witnessed strong buying post- Jerome Powell's speech at the Jackson Hole Symposium on Friday. The MCX gold ...
Marietta Times38m

Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Stock market today: Dow in fresh record close as Powell signals rate cut incoming

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Powell fires up markets, but some investors see reason for caution

Jerome Powell's speech at Jackson Hole boosted market confidence. Investors are now betting on a September rate cut. This has ...