Powell Signals Possible Rate Cuts Amid Economic Tensions
TL;DR Summary
Jerome Powell signaled a dovish stance on monetary policy, boosting investor optimism about rate cuts, but President Trump reignited US-China trade tensions over soybeans, causing market volatility and uncertainty.
Topics:top-news#federal-reserve#finance#interest-rates#jerome-powell#stock-market#us-china-trade-tensions
- Powell says exactly what Wall Street wants to hear as Trump provokes soybean battle with China Fortune
- Fed's Powell suggests tightening program could end soon, opens door to rate cuts CNBC
- Powell Keeps Fed on Track to Lower Rates Again The Wall Street Journal
- With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates CNN
- Powell says no 'risk-free' path as Fed weighs rate cut amid shutdown USA Today
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