• U.S. Markets Rally after Fed’s Powell Says ‘Time Has Come’ for Rate Cuts

  • Aug 23 2024
  • Length: 13 mins
  • Podcast

U.S. Markets Rally after Fed’s Powell Says ‘Time Has Come’ for Rate Cuts

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  • Summary

  • P.M. Edition for Aug. 23. U.S. stocks rally after Powell’s speech at the first day of the Federal Reserve’s annual meeting in Jackson Hole, Wyoming. And Vice-President Kamala Harris’s crusade against price gouging is galvanizing the Democratic base. WSJ economics reporter Jeanne Whalen explains what Harris could do if she wins the White House in November. Plus, the U.S. Justice Department and eight states are suing a real-estate software firm for allegedly helping landlords illegally coordinate rent prices. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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