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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 ...

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

Wall Street’s September Fed rate cut bets still hinge on economic data

Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...

European indexes mixed amid Fed rate cut expectations; Orsted, Keurig Dr Pepper in focus

The Ifo Business Climate indicator for Germany rose to 89 in August from 88.6 in July. France (CAC:IND) -0.54% The ...

Mortgage Interest Rates Today: Mortgage Rates Stay Put-for Now-While Fed's Next Step Looms

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.