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Jerome Powell

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The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.

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In making its first interest rate cut in more than four years, the Federal Reserve went big — a decision that took some economists...
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Bank of England presses pause on rate cuts, highlights ‘gradual approach’

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Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary...
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FTSE 100 LIVE: European markets rise after Federal Reserve cuts interest rates by half point

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Stocks in Asia were mostly higher overnight with the Nikkei (^N225) rising 2.1% on the day in Japan, while the Hang Seng (^HSI) climbed...
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Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

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Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...
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Fed Governor Waller backs interest rate cut at September meeting, open to larger move

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Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio...
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US markets and European stocks mixed after Powell says ‘time has come’ for rate cuts

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As UK markets close for the August bank holiday Monday, global markets were mixed following Federal Reserve chair Jerome Powell's speech at the Jackson...
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Fed Chair Jerome Powell signaled that interest rate cuts are coming. Here’s what experts are saying

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In This StoryFederal Reserve Chair Jerome Powell’s speech at the Jackson Hole conference has not only lifted the stock market but also garnered praise...
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Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

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Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or...
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Stock market today: Nasdaq leads stock climb as Powell says ‘time has come’ to begin cutting interest rates

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Sales of new homes increased 10.6% in July to a seasonally adjusted rate of 739,000 units, up from June’s seasonally adjusted annual rate of...
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Wall Street and European stocks advance as Fed chair Jerome Powell hints at multiple rate cuts

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Stocks in Asia were mixed overnight as the yen rose after Bank of Japan governor Kazuo Ueda signalled it is still on the path...
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Jackson Hole: When and where to watch US Fed chair Jerome Powell’s speech? | Mint

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The much-awaited Jackson Hole annual symposium kicked off on Thursday, August 22, at Wyoming in the United States of America (USA), with central bankers...
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Fed’s Powell Readies Important Jackson Hole Speech: What To Watch For

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Topline The most powerful man in the U.S. economy will deliver arguably his most important speech of the year Friday when Federal Reserve Chairman Jerome...
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