Markets are now wondering whether the Fed might cut by half a point in September
The odds of something even more aggressive, like a half-point move, grew quickly Friday.
The odds of something even more aggressive, like a half-point move, grew quickly Friday.
These are the stocks posting the largest moves in midday trading.
Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
Federal Reserve Chair Jerome Powell delivers his keynote speech at 10 a.m. on Friday for the central bank's annual retreat in Jackson Hole, Wyoming.