Jackson Hole, Jerome Powell and Fed
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Edge, Powell
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The economic dilemma comes on top of an extraordinary, high-pressure political situation the Fed chair faces, as Trump relentlessly demands lower rates.
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 fraud.
The Fed unveiled a strategy five years ago for worries that the economy outgrew. Now, it will formally reset.
Gold prices edged lower on Friday on a stronger dollar while investors awaited U.S. Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole symposium that could offer fresh clues on the monetary policy path.
"No American thinks it is appropriate that she serve during this time with a cloud hanging over her,” Ed Martin wrote in a letter to the Fed chair.
Former Teen Mom 2 star Jenelle Evans just dropped a bombshell that has fans picking their jaws up off the floor! The 33-year-old reality TV alum casually revealed she’s raked in a whopping $1.5 million in profits from her OnlyFans account over the past four years – and her friend’s reaction was absolutely priceless. During […]
The Indian rupee weakened further on Friday, extending its late-session slide from the previous day, as the dollar rose ahead of a speech by Federal Reserve Chair Jerome Powell and on renewed concerns of steep U.