Jackson Hole, Fed and Powell
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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.
Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
Most economists think the Federal Reserve will cut rates in September. "We do think it is highly likely that the Fed will cut rates by 25 basis points in September; we don't expect any strong signals from the chair on Friday,
A Department of Justice official tasked with investigating Federal Reserve Governor Lisa Cook on Thursday urged Chair Jerome Powell to proactively remove her from the board.
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Asia markets mixed as investors assess Japan's inflation data; eyes on Fed chair Powell's speech
Asia shares trade mixed on Friday, tracking an overnight decline on Wall Street amid ongoing tech stock sell-offs and anticipation of Powell's remarks. Meanwhile, Japanese shares had a mixed day. This came after new data showed consumer inflation in Japan remained well above the Bank of Japan's annual target.
Ahead of Federal Reserve Chair Jerome Powell's pivotal Jackson Hole address on Friday, cryptocurrency bettors are pricing in more than an 80% chance that the central bank cuts interest rates this year.
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TipRanks on MSNTrump Says Powell Is “Hurting the Housing Industry Very Badly”
President Trump went on Truth Social ($DJT) on Tuesday to accuse Jerome Powell of making it impossible for Americans to buy homes. He called him