Crude Oil Prices May Fall as Fed Chair Powell Cools Rate Cut Bets

23 August 2019 23 August 2019

BonTrade

Crude oil prices may fall as Fed Chair Jerome Powell pours cold water on interest rate cut speculation in a speech at the economic symposium in Jackson Hole.

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Crude Oil Prices May Fall as Fed Chair Powell Cools Rate Cut Bets

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Stocks Mostly Up Before Powell Speech, Japan-Korea Trade War Grows

Two Fed officials see no case for rate cut now; Kaplan ‘open-minded’