Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell’s Jackson Hole finale fuels bets on September rate cut
US stocks soared on Friday as Federal Reserve Chair Jerome Powell opened the door to a September rate…
KC Fed’s Schmid wary of September rate cut, notes ‘very consequential’ data in coming weeks
JACKSON HOLE, Wyo. — Kansas City Fed president Jeffrey Schmid said on Thursday the August jobs report due…
Bank of England’s Pill sees risks that could slow pace of rate cuts
By David Milliken LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Friday inflation pressures were…
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -An unexpected pickup in underlying inflation last month nudged price…