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The US and EU also reached a compromise. Washington slapped a 15% tariff on most European imports, while Brussels pledged to ...
Claudia Sahm, New Century Advisors chief economist, says Federal Reserve Chair Jerome Powell's Jackson Hole speech was an ...
Fed Chair Jerome Powell laid out his dissenters’ opinions, signaled a near-future rate cut – and took a stand against ...
According to Reuters data, spot gold inched down 0.1 per cent at $3,370.14 per ounce, as of 0957am ET on Monday, after ...
Speaking on the heels of the last FOMC meeting, Chair Powell emphasized that the relevant metric of achievement of the Fed ‘s “maximum employment” mandate was the unemployment rate. He waved off ...
Last week may have ended on a high note with bonds rallying on Powell's Jackson Hole speech, but perception was better than ...
Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.
Consumer staples like Altria, Procter & Gamble (PG), and Colgate-Palmolive (CL) are often favored in recessions because their ...
And we're seeing probably more pressure on politicization of the Fed than any time in generations," Larry Summers said on ...
Members of Congress went back to their districts for the summer, and they discovered that being at home is just as hard as ...
Exchange-traded funds that buy stocks in the home-building industry were falling sharply Monday, after their big rally Friday ...
World shares were mixed on Monday after Fed chair Jerome Powell previously hinted that cuts to interest rates could soon ...