Powell at Jackson Hole: 'The time has come' for the Fed to soon begin reducing interest rates
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest ...
US Fed chair says ‘the time has come’ to start cutting interest rates
The Fed’s benchmark lending rate currently sits at a 23-year high of between 5.25 and 5.50 per cent, cooling demand in the world’s largest economy ahead of November’s presidential elections.
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Wall Street rallies near its record heights as 'time has come' for cuts to rates
U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall ...
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Federal Reserve chair Jerome Powell signals the ‘time has come’ for rate cuts, sparks broad rally in US stocks
Federal Reserve chair Jerome Powell said yesterday that the “time has come” for the United States to start lowering interest ...
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S&P 500 nears record high as Powell signals rate cut
The S&P 500 is now less than 1% away from a record high touched in July, after falling as much as 9.7% from that level ...
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Oil climbs $2/barrel
HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome Powell ...
What US Fed Chief’s speech in Jackson Hole symposium signals
Jackson Hole symposium, Jerome Powell said the ‘time has come’ to lower interest rates. While he did not furnish further ...