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U.S. stocks surged after Jerome Powell's Jackson Hole remarks boosted hopes for a Fed rate cut with airlines, oil services and housing stocks leading the gains.
Conference highlighted the political pressures weighing on the Fed. Read more at straitstimes.com. Read more at ...
Federal Reserve Chair Jerome Powell on August 22 said that the weak job market may soon force the American central bank to cut interest rates.
Analysts said the rally reflects expectations that lower US interest rates will make emerging markets, including India, more ...
By Francesco Canepa, Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming (Reuters) -Global central bankers gathered at a ...
The Fed chair has left it for his successor to address key issues facing the world’s most influential central bank ...
Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday after registering more than 1% gains in the ...
CoinGlass data show that Cardano’s futures’ OI at exchanges rose from $1.54 billion on Friday to $1.77 billion on Monday, ...
The U.S. dollar attempted on Monday to pull itself up from a four-week low on the euro after a dovish pivot from Federal ...
Barclays and BNP Paribas expect the U.S. Federal Reserve to make a 25-basis-point interest rate cut in September, according ...
Jerome Powell’s dovish leaning speech at the Jackson Hole, signalling a resumption of Fed rate cut cycle, should continue to support risk appetite, at least in the near term, Nomura said.
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