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Historically, Powell’s remarks at Jackson Hole have triggered sharp market moves: hawkish tones have lifted the dollar and weighed on equities, while dovish guidance has sparked rallies in stocks and ...
To be sure, investors have reason to be cautious. Back in 2022, Powell's keynote speech at Jackson Hole stopped a torrid bear-market rally when he insisted that the central bank remained committed to ...
Mortgage fraud allegations against another Fed governor, Lisa Cook, returned the focus to the Trump team’s push to re-mold the central bank.
Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...
The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He ...
July’s weak jobs report could be grounds for a big rate cut come September.
Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly ...