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Britain's FTSE 100 closed at a record high for the third straight day on Thursday with healthcare stocks leading the gains, ...
The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a governor's resignation. Fed Chair Jerome Powell is ...
Key Takeaways Traders expect the S&P 500 to move about 0.8% in either direction through the end of the week, with Fed Chair Jerome Powell's speech on Friday likely to be a driving force behind that ...
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...
18mon MSN
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...
Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
The symposium comes amidst a confusing economic picture and pressure on several members of the top committee to quit from President Trump.
Nvidia has grown, swelling to a $4 trillion valuation last month, so has its weighting in the S&P 500. It now makes up almost 8 per cent of the index.
Investors will scrutinize the Fed chair's speech for clarity on whether the Fed will cut interest rates next month.
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