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Fed Rate Cut Predictions Surge After Powell's Jackson Hole Speech
Major brokerages anticipate a 25-basis-point rate cut by the U.S. Federal Reserve in September, following Chair Jerome Powell's speech at Jackson Hole highlighting labor market risks. Powell's remarks led Barclays and others to adjust their rate cut forecasts,
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...
Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss key ...
Wall Street on Friday notched its best day since late May, sparked by Federal Reserve interest rate cut expectations. Fed ...
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking ...
This year, the Fed’s Jackson Hole symposium, which wrapped up Saturday, was at times a tense affair and drove home how ...
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