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Commodity traders will also closely watch China’s Politburo meeting, expected by month-end, for signals on the country’s ...
Powell walked a narrow line in his remarks, leaving open the possible need for more rate hikes because the economy had proved stronger than expected, but also noting emerging risks and a need to ...
Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and inflation.
4don MSN
Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over ...
Powell’s remarks came at an event organized by the Dallas Regional Chamber on Thursday, ... Powell Hints At Economic Strength, Warns About Risk Of Tariff Retaliations.
Powell sees economy in balance, allowing for potential rate cuts. Unemployment rate at 4.1%, close to full employment. ... Powell's next remarks expected post-July 30-31 meeting.
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
The Dow was down 126 points in the lead up to Powell’s testimony. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.5%.
"Powell’s latest remarks show no shift in posture from his speech two days after [the] April 2 tariffs — unsurprising to us but disappointing to anyone hoping for a Fed put," said analysts led ...
Powell's hawkish remarks pushed U.S. equity indices lower; the dollar rose for a fifth straight session. Markets adjusted expectations, lowering December rate cut odds from 80% to 58%.
Powell made the comments during an interview on CBS News’ “60 Minutes.” In the interview, Powell provided a rosier economic outlook, in contrast to past remarks on the economy’s recovery.
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