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Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...
Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.
So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...
Indian shares kicked the week off on a positive note as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate ...