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Markets got what they wanted from Powell with a Fed rate cut and they’re still not happy
Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not confidence. Read More
Fed’s Jerome Powell Just Painted a Grim Picture of the U.S. Economy After GDP ‘Slowed Notably’ and Job Growth Stalls: Here’s Why It’s Bullish
Federal Reserve Chair Jerome Powell used his annual Jackson Hole keynote speech to paint a picture of an economy facing policy-driven headwinds and rising uncertainty. He pointed to sharply higher ... Read More
Fed officials struggle to explain slowing economy, adding to the sense a rate cut is coming
Fed governor Christopher Waller was one of four central bank officials to highlight slow growth this week. For months, Federal Reserve officials have concentrated most of their commentary on the ... Read More
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