US Fed chair expected to signal support for rate cuts

US Fed chair expected to signal support for rate cuts

US Federal Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates ahead of next month's rate decision.
Wall Street roars back to life in best session in nine years

Wall Street roars back to life in best session in nine years

Wall Street stocks shook off four straight routs following strong retail sales data and White House reassurances that Fed Chair Jay Powell won't be fired.