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That is, Powell left himself "plenty of wiggle room" in terms of setting monetary policy, as he "walked a fine line" between the risks of tariffs increasing inflation and a weakening in the U.S. labor ...
That long-awaited signal for an approaching cut came amid unrelenting pressure from the White House for lower borrowing costs ...
Wall Street closed out this week with a surge that wiped out most of August’s usual misery, after Jerome Powell dropped what ...
He pointed to a possible rate cut at the central bank’s September meeting. Read more at straitstimes.com. Read more at ...
Fed chief Powell's dovish speech triggered a big Friday rally, with the S&P 500 and Dow Jones hitting new highs and several ...
Powell spoke as markets largely expect a rate cut in September, according to futures pricing, though those odds have slipped ...