Powell puts rate cut on table
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Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting interest rates at its next policy meeting in September.
Lower rates help many businesses, including car makers. Rate cuts make financing vehicle purchases more affordable. As for the truck, Tesla raised the price of the high-end versio
U.S. stocks are ticking higher ahead of a highly anticipated speech about where interest rates may be heading.
Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are dramatic surprises in the data in the coming weeks, said former Boston Fed President Eric Rosengren.
Martin Baccardax, Senior Writer at Barron's, says the slowdown in the labour market, inflationary pressure, and concerns about tariffs make forecasts for the market 'tricky'. In addition, potential interest rate changes by the Fed have an impact on tech stocks.
Japan's Ministry of Finance is preparing to ramp up the interest rate it factors in for long-term government bonds to the highest level in 17 years as it gathers in other ministries' budget requests for fiscal 2026/27,
CNBC's "Fast Money" team discusses the day's market rally and rate cut expectations after Federal Reserve chairman Jerome Powell's speech at the Fed’s annual conclave in Jackson Hole, Wyoming.
Federal Reserve Chair Jerome Powell delivers a high-profile address at the annual Jackson Hole Economic Policy Symposium.