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Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech this week. Here's what to expect.
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 ...
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Meta Platforms (NASDAQ: META) confirmed late Thursday a Wall Street Journal report that it has paused hiring for its new artificial intelligence division, ending a spending spree that saw it spend ...
I also expect that they will do so, but that Powell will not reveal that at Jackson Hole,’ says Max Gillman, a professor of economic history at the University of Missouri Recent macroeconomic data ...
(Reuters) - Gold prices edged lower on Thursday after the U.S. Federal Reserve's July meeting minutes showed a majority ...
The US Dollar holds steady near 98.30 ahead of Powell’s Jackson Hole speech, with GBP/USD and EUR/USD outlook shaped by PPI data and Fed rate cut bets.
The U.S. dollar inched upward on Thursday, trading just below a one-week high as investors prepared for the Federal Reserve’s ...
The FTSE 100 and European stocks were mixed again on Thursday as traders digested news that UK government borrowing fell to ...
The following scheduled company announcements, equity and currency market moves may affect South African markets on Thursday. COMPANIES S.Africa’s Exxaro half-year profit up 13%, boosts dividend SOUTH ...
Asian shares were mostly higher on Thursday after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses.
FTSE 100 extends four-day winning streak as UK stocks outperform Europe. WH Smith crashes 33% while markets await Powell's Jackson Hole speech.