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Tag: Jerome Powell
Fed Official Says Central Bank Isn’t ‘Really Talking About Rate Cuts’
[ad_1] Updated Dec. 15, 2023 4:53 pm ET Federal Reserve officials offered competing views Friday of when they might begin to lower interest rates next year after Chair Jerome Powell…
Dow rallies more than 500 points to record, closes above 37,000 for the first time: Live updates
[ad_1] Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE). Drew Angerer | Getty Images The Dow Jones Industrial Average jumped to a record…
Transcript: Fed Chief Powell’s Postmeeting Press Conference
[ad_1] Dec. 13, 2023 5:01 pm ET|WSJ Pro Federal Reserve Chairman Jerome Powell discussed why the central bank held its benchmark federal-funds rate steady again during a press conference Wednesday…
Shohei Ohtani’s Dodgers Contract Features Jerome Powell as MVP
[ad_1] At first glance, it seems like financial magic: The Los Angeles Dodgers have somehow figured out a way to pay the two-way superstar Shohei Ohtani $700 million, while also…
The Fed Can’t Put Off Preparing for Rate Cuts
[ad_1] As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to…
U.S. Hiring Slowed From Earlier This Year, Unemployment Fell in November
[ad_1] Hiring slowed from earlier this year while the unemployment rate fell to 3.7% last month. [ad_2] Source link
European markets open lower as rally stalls; Ericsson up 9% on AT&T deal as Nokia plunges
[ad_1] 28 Mins Ago Ericsson climbs 9% on AT&T deal as Nokia falls to three-year low Stockholm-listed shares of Sweden’s Ericsson were 8.5% higher at 8:30 a.m. London time after…