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Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
Nvidia has grown, swelling to a $4 trillion valuation last month, so has its weighting in the S&P 500. It now makes up almost 8 per cent of the index.
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 ...
Investors will scrutinize the Fed chair's speech for clarity on whether the Fed will cut interest rates next month.
#BTC This is the price action to watch in the short-term Bitcoin needs to continue rejecting from $114k to enter downside continuation After all, $114k needs to be convincingly lost for BTC to go ...
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday.
The GBP/JPY advanced during the North American session, up 0.34% after following the release of solid economic data from Britain that outweighed solid Purchasing Managers Index (PMI) figures in Japan.
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 ...
U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations.
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.