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Fed's Powell opens door to rate cut

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.

USA TODAY on MSN · 3d

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Jerome H. Powell, Stocks

Stocks fall flat after interest rate announcement rally

Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying stock markets. On Monday, markets fell flat. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.

Daily Journal · 7h

Stocks edge downwards after rallying on US rate hopes

Stocks edged downwards on Monday after earlier rallies in Europe and Asia, investors locking in gains fuelled by the clear shift toward lower rates by the US Federal Reserve.

Korea Joongang Daily on MSN · 21h

Seoul shares up for 3rd day on U.S. rate-cut hope

Shares jumped more than 1 percent on Monday after U.S. Federal Reserve Chair Jerome Powell hinted at a possible rate cut during the central bank's meeting next month. The won sharply gained against the dollar.

12hon MSN

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

5don MSN

Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...

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