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Stock Bull Run Powers Ahead After Blockbuster Jobs: Markets Wrap

(Bloomberg) — The stock market ended the week on a positive note after a blowout jobs report signaled the US economy will continue to power Corporate America even if that means the potential for still elevated interest rates. All major groups in the S&P 500 gained, with the gauge rising more than 1%. Wall…

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Powell Says Fed Has Time to Assess Data Before Deciding to Cut

Powell Says Fed Has Time to Assess Data Before Deciding to Cut
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Powell says U S Fed has time to assess data before deciding to cut

Powell says U S Fed has time to assess data before deciding to cut
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Powell says Fed has time to assess data before deciding to cut

He reiterated his expectation that it will likely be appropriate to begin lowering rates “at some point this year.”

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Powell says Fed has time to assess data before deciding to cut

Federal Reserve Chair Jerome Powell reiterated his expectation that it will likely be appropriate to begin lowering rates 'at some point this year.'

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