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Fed Rate Cut Predictions Surge After Powell's Jackson Hole Speech
Major brokerages anticipate a 25-basis-point rate cut by the U.S. Federal Reserve in September, following Chair Jerome Powell's speech at Jackson Hole highlighting labor market risks. Powell's remarks led Barclays and others to adjust their rate cut forecasts,
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...
“All eyes are on Nvidia,” said Katie Stockton, founder of Fairlead Strategies, a research firm that provides technical ...
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start ...
Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be ...
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