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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 ...
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 ...
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, ...
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 ...
Gold and silver may face pressure in the near term as a stronger Dollar Index weighs on precious metals, but the long-term ...
Japanese inflation is expected to have eased in July, which might put BoJ's tightening plans into question.
Market focus shifts to flash S&P Global PMIs and Fed Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium. Bitcoin (BTC) steadies around $113,500 at the time of writing on Thursday ...
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.
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 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.
(Reuters) -European equities were little changed on Thursday as investors awaited updates from the Federal Reserve's Jackson ...
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