The dollar was continuing to rise after Federal Reserve Chair Jerome Powell on Monday indicated that further interest-rate cuts would be gradual after last month's 50 basis-points cut. Speaking at the ...
Fed Chair Powell showed little sense of urgency and seemed to endorse the recent dot plot that implied two quarter-point rate cuts this year if the economy evolved as expected. This helped lift the ...
The three key indexes –S&P 500, Dow, Nasdaq –didn’t like what Federal Reserve Chair Jerome Powell had to say during the Q&A portion of his appearance on Monday. The Dow Jones Industrial Average fell ...
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