Fed Chair Jerome Powell signals path to rate cuts
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Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.
Federal Reserve Chair Jerome Powell warned that President Donald Trump 's tariffs are pushing consumer prices higher and would continue to do so over the coming months.
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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WNCT Greenville on MSNNFL’s Cornell Powell hosts back-to-school event in Greenville
NFL player and former J.H. Rose football star, Cornell Powell, hosted his second annual back-to-school giveaway in Greenville today. People lined up outside of FlyerCutz barbershop as early as 5 a.m.
Stocks surged Friday as investors breathed a huge sigh of relief after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut.
Houston Texans wide receiver Cornell Powell catches a 20-yard pass from quarterback Kedon Slovis against the Detroit Lions.
Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled into stocks after U.S. Federal Reserve Chair Jerome Powell hinted at a near-term interest-rate cut during his Jackson Hole Symposium speech.