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Stocks end sharply higher after Powell opens door to rate cut in Jackson Hole speech
The U.S. stock market closed sharply higher Friday, as investors cheered the potential for interest rate cuts following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium.
3hon MSN
Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut
Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start ...
Fed Chair Jerome Powell's address on Friday and Nvidia earnings after the close on Wednesday may hold the keys as to whether ...
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