Fed Chair Jerome Powell signals path to rate cuts
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Daily Times on MSNPowell faces fresh challenges to Fed independence amid potential rate cuts
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The Federal Reserve’s annual conference, hosted by the Kansas City Fed in Jackson Hole, Wyoming, began Thursday evening with a dinner for the central bankers, economists and journalists who have flown in from around the world.
St. Louis Fed President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the Fed's September 16-17 meeting given that inflation is above the Fed's 2% target and is expected to move higher,
Fed Chair Jerome Powell is under intense pressure from U.S. President Donald Trump to cut interest rates. Economics professor Justin Wolfers talks to Becky Anderson about Powell’s future, and his potential successors.
Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than expected, he hopes one “dangerous” data point is just a blip.
Eric Trump, the Securities and Exchange Commission’s new, crypto-friendly chair Paul Atkins and two Fed governors on Donald Trump’s shortlist to replace Powell are all set to attend the Wyoming Blockchain Symposium at the Four Seasons hotel in Jackson Hole.
By Suzanne McGee (Reuters) -Investors will next week train their sights on Jackson Hole, Wyoming, where Federal Reserve policymakers gather for their annual policy symposium, in a search for clues on the path of interest rate cuts that could boost stocks to more record highs.
Good morning & happy Monday. Stock futures are currently to the downside. Today, there are 29 earnings reports due out, per data from TipRanks. Most-closely watched will be earnings from cybersecurity giant Palo Alto Networks ( PANW) and one-time retail investor darling Blink Charging ( BLNK) .