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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.
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.
But it’s not clear buyers would emerge if more new homes hit the market. Homebuilders have gone to extremes to lure buyers. The homebuilders association reported Monday that the use of sales ...
Emerging market assets were mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, with questions over the Fed’s independence ...
The AUD/USD pair extends its losing streak for the fourth trading day on Thursday. The Aussie pair slides to near 0.6415 in ...
President Donald Trump has repeatedly criticised Powell’s cautious approach to rate cuts. Treasury Secretary Scott Bessent recently said he expects Trump to announce Powell’s replacement by year-end, ...
The dollar is little changed after last night's release of the FOMC minutes for July. That FOMC meeting was held before the release of the July jobs data – meaning that all the references to a 'solid' ...
Asian markets were varied during cautious trading sessions on Thursday, one day before a key speech expected to offer signals about future interest rate cuts in the United States.
"Instead of grasping for a pretext to intimidate or fire Mr. Powell, or other members of the Fed, Mr. Trump should push Congress to pass meaningful reform this fall." Today, U.S. Senator Elizabeth ...
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down. | TAG24 ...