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Investing.com - The U.S. dollar rose on Tuesday as Federal Reserve Chairman Jerome Powell played down the possibility of another big interest rate cut, while the euro fell ahead of the latest euro zone inflation data. At 04:10 ET (08:10…

Breadcrumbs Path LinksPMN BusinessBefore the trading day begins, we provide you with a summary of the major news and events that are likely to move the markets. Today we take a look at:Article author:Bloomberg NewsChiranjeevi Chakraborty…

The Jackson Hole Summit concluded, highlighting Fed Chair Powell’s speech on Friday, in which he explicitly laid out the path for a September rate cut. The cut would be the first policy change since July 2023, when the Fed raised rates by…

Major U.S. stock indexes fell on Thursday, with losses deepening ahead of Federal Reserve Chairman Jerome Powell's speech on monetary policy at the central bank's Jackson Hole Economic Symposium. Nasdaq Composite Index (Compound: Indian)…

Since 1981, Federal Reserve bankers, business leaders, prominent academics, and government officials have gathered each August for a three-day symposium in Jackson Hole, Wyoming, to discuss critical issues facing the global economy and…

The US dollar steadied in early European trading on Monday, giving up some of the gains it made after the assassination attempt on former US President Donald Trump over the weekend, ahead of comments from Federal Reserve Chairman Jerome…

Bonnie Cash/Getty Images News Market research firm CFRA said it spotted three hints about the timing of a rate cut from Fed Chair Jerome Powell's comments. Policy Certificate This week on Capitol Hill. Powell appeared before the House…

Federal Reserve Chairman Jerome Powell was the center of attention in his testimony before the Senate Banking Committee, where he suggested that waiting too long to cut interest rates could risk harming the U.S. labor market. Although he…

Federal Reserve Chairman Powell testified before the U.S. Senate today on Capitol Hill in the first of two testimony before U.S. lawmakers. The Fed chairman will speak before the House of Representatives tomorrow. During his testimony…

U.S. stocks rose slightly on Tuesday as growing expectations of a September interest rate cut kept the technology sector strong ahead of testimony from Federal Reserve Chairman Jerome Powell. The Nasdaq Composite Index was down 40 points,…