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Dow falls over 200 points as Powell remarks on economy
Stock market today: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend to use our tools to keep it there."
Stock Market Today: Dow falls over 200 points as Powell remarks on economy
U.S. stocks’ losses widened on Monday afternoon after Federal Reserve Chair Jerome Powell said in a speech that if the economy performs as expected, the central bank is likely to deliver two more quarter-percentage-point interest-rate cuts by the end of the year.
Stock Market News: Dow Set to Open Down Ahead of Fed's Powell's Speech
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Monday as the stock market braces for comments from Federal Reserve Chair Jerome Powell
Fed’s Jerome Powell hints at more rate cuts
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Powell Says Rate Cuts Can Deliver a Soft Landing for the U.S. Economy
The Fed chair is speaking at the annual meeting of the National Association for Business Economics in Nashville, Tenn.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
2h
Video: See Federal Reserve Chair Jerome Powell's Speech
Federal Reserve Chair Jerome Powell said the central bank would continue to reduce interest rates from a two-decade high to ...
1h
on MSN
Powell Says Fed Will Move ‘Over Time’ to More Neutral Stance
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that ...
1h
Powell Suggests 50 Bp More Cuts in Store for 2024
The Fed cut rates by half a percentage point at its Sept. 17-18 meeting, lowering the range of its policy rate from a 20-year ...
1h
Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks
Investors have been divided over whether the US central bank will slip into a series of quarter-percentage-point cuts now or ...
1h
on MSN
Fed will help banks get cash in hurricane affected areas, Powell says
Federal Reserve Chair Jerome Powell said Monday that the Fed can help regional and local banks in hurricane-affected areas of ...
2h
Fed's Powell Says Rates Will 'Over Time' Reach Neutral Level, Not Preset
In the wake of Powell's formal remarks, stocks eased slightly and yields on Treasuries rose. Rate futures traders leaned into ...
4h
on MSN
Wall St subdued ahead of Powell's comments; economic data on tap
Wall Street's main indexes were flat to lower in choppy trading on Monday as investors paused after the previous week's rally ...
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