Powell to Speak at Jackson Hole
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Fed Chair Jerome Powell's address on Friday and Nvidia earnings after the close on Wednesday may hold the keys as to whether the bull market can continue. "In the near-term, if Chair Powell can give a market-friendly speech and NVDA can meet,
Gold slipped on Friday due to a firmer dollar, with markets awaiting U.S. Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole symposium for more insight on the Fed's monetary policy path.
In a typical year, Jackson Hole sparks excitement mostly among market watchers. This time, the symposium feels more pivotal.
U.S. stocks closed lower Thursday, with the S&P 500 index logging a fifth straight daily loss, as technology stocks slumped and investors waited to hear from Federal Reserve Chair Jerome Powell on Friday.
Federal Reserve chair is under bombardment from Donald Trump and battling an insurgency within the central bank
In my column today, I look at the apparent contradiction between record inflows into U.S. assets from abroad, and the 125 basis points of Fed rate cuts traders are expecting by the end of next year. It doesn't add up.
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TipRanks on MSNTrump Says Powell Is “Hurting the Housing Industry Very Badly”
President Trump went on Truth Social ($DJT) on Tuesday to accuse Jerome Powell of making it impossible for Americans to buy homes. He called him