Quartz
The Dow Jones Industrial Average (DJIA) surged almost 300 points on Friday afternoon after Federal Reserve Chair Jerome Powell signaled that interest rate cuts might happen soon. Speaking at the annual Jackson Hole Economic Symposium in Wyoming, Powell hinted at potential rate cuts but didn’t offer specific details on…Read more…
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The Dow jumps 300 points as Jerome Powell says ‘the time has come’ for new Fed policy
Vinamrata Chaturvedi
22:21
The Dow Jones Industrial Average (DJIA) surged almost 300 points on Friday afternoon after Federal Reserve Chair Jerome Powell signaled that interest rate cuts might happen soon. Speaking at the annual Jackson Hole Economic Symposium in Wyoming, Powell hinted at potential rate cuts but didn’t offer specific details on…Read more…
