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The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented ...
Federal Reserve Chair Powell must tread a fine line as he readies a message on interest rate cuts at the central bank's conference in Jackson Hole, WY ...
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mort ...
Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.
Digital assets are losing ground as traders brace for Federal Reserve Chair Jerome Powell’s closely watched address at the ...
He expects more clarity on the economic outlook later this year. Inflation has "gone sideways" in the last eight to nine ...
The U.S. dollar drifted on Thursday as investors awaited policy cues from the Federal Reserve’s Jackson Hole symposium while keeping an eye on renewed concerns over central bank independence after ...
Average UK mortgage rates have fallen, with the five-year fixed rate mortgage dropping below 5% for the first time since 3 May 2023, according Moneyfacts. The average five-year fixed rate hit 4.99% on ...
This year’s summit carries additional weight: it will be Powell’s last appearance at Jackson Hole as Fed chair before his term ends in May 2026. It also comes at a time of mounting pressure from both ...