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Fed's Powell opens door to rate cut

ABC News on MSN · 50m

Dow closes up 840 points after Fed chair 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 assessed one day earlier, according to CME FedWatch Tool, a measure of market sentiment. Despite the market's positive reaction to Powell's speech, the Fed chair voiced a note of caution for the outlook for the U.S. economy.

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.

Reuters on MSN · 2h

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

Federal Reserve Chair Jerome Powell on Friday pointed to a possible interest rate cut at the U.S. central bank's meeting next month, telling the Fed's annual Jackson Hole conference risks to the job market were rising but also noting inflation remained a threat and that a decision wasn't set in stone.

39mon MSN

Crypto soars on hopes of interest rate cuts

CNBC's Tanaya Macheel reports on cryptocurrencies after Federal Reserve chairman Jerome Powell's speech at the Fed’s annual ...

24mon MSN

Here Are The Stocks That Are Likely To Benefit From Lower Interest Rates

Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting ...

5hon MSN

Powell says rates may need to be cut, but Fed to proceed carefully

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

6hon MSN

Fed’s Powell Gives Final Jackson Hole Speech Today—Here’s What To Watch For On Interest Rates And More

The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...

8h

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

2don MSN

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show

Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the ...

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