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Wall Street got rally signals from Powell it was hoping for

Powell's Dovish Tone Sparks Wall Street Rally, S&P 500 Rebounds From Losing Streak

The financial world was abuzz on Friday as Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut in September, sparking a significant rally on Wall Street.

Detroit Free Press · 17h

Powell hints at interest rate cuts and Wall Street cheers with big rally

Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.

Seeking Alpha on MSN · 1d

Dow notched a record close as Wall Street rallied on Powell’s Jackson Hole remarks

Wall Street ended higher on Friday with the Dow closing at a record high after investors welcomed Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.

1d

Powell Takes Center Stage, With Wall Street and Washington Watching

The Fed chief is expected to address inflation, interest rates and the economy in his speech on Friday. Will he also confront ...

Stock Market Surges After Jerome Powell Indicates Rate Cuts May Be Coming

The stock market surged Friday after Federal Reserve Chair Jerome Powell signaled openness to the central banks cutting rates ...

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