Fed Eyes Rate Cuts
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The Federal Reserve notes the balance of risks to the U.S. economy may warrant a shift in policy stance – in other words, a rate cut. Read more here.
Bond investors are heading into Friday’s much-anticipated Jerome Powell speech largely expecting the Federal Reserve chair will indicate policymakers will start cutting interest rates next month.
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Federal Reserve Chair Jerome Powell is preparing to address the annual Jackson Hole, Wyoming, economic forum as the Trump administration pushes for an interest rate cut in September. Bill Watts, a markets editor for MarketWatch,
U.S. stock futures were trading lower following a powerful rally on Friday after comments by Federal Reserve Chairman Jerome Powell fueled hopes for a September interest rate cut. Dow Jones Industrial Average futures fell 80 points,