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Jackson Hole Jolt: Fed Chair Powell Confirms September Rate Cut — And More; S&P 500 Rallies

Jackson Hole Jolt: Fed Chair Powell Confirms September Rate Cut — And More; S&P 500 Rallies·Investor's Business Daily
JED GRAHAM
3 min read
In this article:

In a Jackson Hole, Wyo., speech, Federal Reserve Chairman Jerome Powell set the stage for multiple rate cuts to avert further cooling of the labor market.

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