2024-02-05 06:47:37 ET
Summary
- Federal Reserve Chair Jerome Powell says the strong US economy allows for a cautious approach to interest rate cuts.
- Snap has reportedly started a round of layoffs ahead of its earnings report.
- Palantir's Q4 earnings are expected to show growth in its commercial division, but overall growth may lag behind competitors.
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Fed can afford to be 'careful' with policy due to strong US economy, Powell says. (00:30) Snap has started new round of layoffs - report. (01:58) Palantir ( PLTR ) Q4 earnings preview: Big expectations from commercial division. (02:56)...
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Wall Street Breakfast Podcast: Powell: Fed 'Careful' Amid Strong Economy