News

Powell opens the door to a September rate cut

Federal Reserve chairman Jerome Powell said, “the baseline outlook and the shifting balance of risks may warrant adjusting ...

US Fed Chair Powell, citing jobs risk, opens door to rate cuts but doesn't commit

United States Federal Reserve Chair Jerome Powell on Friday (Aug 22) pointed to a possible rate cut at the central bank's ...

Powell suggests rate cuts are coming — but not because Trump demanded them

The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in ...

Powell Tees Up Rate Cuts, Acknowledges Weakening Economy

In his final speech at the Federal Reserve’s summer retreat, Chairman Jerome Powell said the changing economic landscape ...

Jerome Powell's Jackson Hole speech: Will the US Fed signal a September rate cut? Check date, time and where to watch

Federal Reserve Chair Jerome Powell is set to deliver his final speech at Jackson Hole amidst pressure from the Trump ...

Dow closes up 840 points after Fed Chair Powell signals possible interest rate cut

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...

Powell says Fed may need to cut rates, will proceed carefully

Federal Reserve Chair Jerome Powell on Friday signaled a possible interest rate cut at the U.S. central bank's meeting next ...

Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, ...

Stocks move sharply higher as Powell says rate cut may be justified

Stocks rose sharply Friday morning, after remarks by Federal Reserve Chair Jerome Powell prepared for delivery in Jackson ...