Powell speaks at Jackson Hole
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Bloomberg journalists answer your questions live from the Federal Reserve’s annual meeting of central bankers in Jackson Hole, Wyoming.
Broad-based index now about 1.5% below record high; Walmart slips.
Small-cap stocks were edging up in the final hour of trade Thursday, with investors on edge about what Federal Reserve Chair Jerome Powell might say tomorrow about the path of interest rates. The Russell 2000 index of small-cap stocks was up 0.
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.
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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