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Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
The symposium comes amidst a confusing economic picture and pressure on several members of the top committee to quit from President Trump.
The Nasdaq, S&P 500, and Dow slip on Thursday, pressured by declining shares of Walmart (WMT) all while investors look ahead to Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole on ...
July’s weak jobs report could be grounds for a big rate cut come September.
Disappointing earnings reports and weak labour data on Thursday pave the way towards Fed Chair Jerome Powell's Friday speech at Jackson Hole, keeping tensions elevated. View on euronews ...
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Will Jerome Powell hint at interest rate cuts at the Jackson Hole summit? Either way, it could have a big impact on Bitcoin.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...
Jobless claims in the US crept higher this week, and both investors and policymakers are keeping a close eye. The numbers suggest the labor market could be slowing, but there’s no big spike in layoffs ...
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.
The annual Jackson Hole Economic Symposium takes place later this week. It will attract policymakers from around the world and feature highly anticipated remarks from Federal Reserve Chair Jerome ...
The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world and always makes headlines in the financial press. There are at least three ...
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