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Under that scenario, headline inflation would stay below 2% until late 2026. The Bank of Canada sets interest rates to ...
We could be nearing the end of this bull market – and investors hoping for a cheap-money bailout may find their calls ...
U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
Prime Minister Mark Carney indicated the move is meant to prepare the ground for the review of the US-Canada-Mexico free ...
The Dow Jones Industrial Average soared 716 points, or 1.6%, and was on track to blow past its own all-time high, which was ...
Fed Chair Powell triggers a bond rally that sends Treasury yields down across maturities, and the dollar weakens. At Jackson Hole, Powell expresses more concern about weakening employment than rising ...
At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.
President Trump said that the US is investigating furniture imports and will impose a tariff on the products once the probe ...
Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...
NEW YORK (Reuters) -Investors cheered Federal Reserve Chair Jerome Powell's Jackson Hole address, which gave a green light to ...
Stocks surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could finally lower interest ...
President Donald Trump delivered a meandering answer when giving his reaction to Federal Reserve Chairman Jerome Powell's ...