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Wall Street, Jerome Powell
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Reactions to Jerome Powell's comments at Jackson Hole. Walmart, Home Depot and retail earnings. Palantir declines.
Wall Street surged after Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, sparking optimism.
U.S. stocks are ticking higher ahead of a highly anticipated speech about where interest rates may be heading.
The Fed faces a “challenging situation” as tariffs drive up costs while the labor market appears to be softening, Powell said ...
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