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Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech this week. Here's what to expect.
Federal Reserve Chair Powell must tread a fine line as he readies a message on interest rate cuts at the central bank's conference in Jackson Hole, WY ...
Emerging market assets were mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, with questions over the Fed’s independence ...
The US Dollar holds steady near 98.30 ahead of Powell’s Jackson Hole speech, with GBP/USD and EUR/USD outlook shaped by PPI data and Fed rate cut bets.
I also expect that they will do so, but that Powell will not reveal that at Jackson Hole,’ says Max Gillman, a professor of economic history at the University of Missouri Recent macroeconomic data ...
Meta Platforms (NASDAQ: META) confirmed late Thursday a Wall Street Journal report that it has paused hiring for its new artificial intelligence division, ending a spending spree that saw it spend ...
Japanese inflation is expected to have eased in July, which might put BoJ's tightening plans into question.
The AUD/USD pair extends its losing streak for the fourth trading day on Thursday. The Aussie pair slides to near 0.6415 in ...
MANILA, Philippines (AP) — Asian shares were mostly higher on Thursday after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses ...
FTSE 100 extends four-day winning streak as UK stocks outperform Europe. WH Smith crashes 33% while markets await Powell's Jackson Hole speech.
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