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Jerome Powell signals Fed rate cut In Jackson Hole speech

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying ‘Balance of Risks’ Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.

CNN on MSN · 18h

Jerome Powell hints long-awaited rate cuts are coming soon — the first during Trump’s term

The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates to support the economy, Fed Chair Jerome Powell said Friday at a key central banking forum.

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Moments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign

Two days earlier, the suddenly embattled Fed governor Lisa Cook said she had “no intention of being bullied to step down.” ...

15h

Dow surges 900 points as Powell’s speech was ‘music to the market’s ears’

U.S. stocks were rallying midday Friday on Federal Reserve Chair Jerome Powell’s Jackson Hole speech, as traders seemed more ...

16h

Powell's Jackson Hole address fires up markets with dovish tilt

Federal Reserve Chair Jerome Powell's closely watched Jackson Hole speech on Friday boosted optimism in markets that the U.S.

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