Tag: Jerome Powell
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US Stocks Slide – Weekly Losses Deepen After Powell’s Comments
US stocks took a sharp downturn on Friday, heading for substantial weekly declines as investors responded to Federal Reserve Chair Jerome Powell’s message that...
Fed Rate Cut Sparks Stock Market Rally, Dow and Nasdaq Surge
U.S. stocks skyrocketed today as the Federal Reserve's interest rate cut sent waves of optimism through Wall Street. The Dow Jones Industrial Average closed...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
Following the Federal Reserve’s decision to cut interest rates, President Joe Biden praised the move as a positive sign of the economy’s resilience. In...
