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Fed Chair Jerome Powell signals path to rate cuts

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.

Reuters on MSN · 15h

Major brokerages pivot to Sept Fed rate cut on Powell's labor warning

Major brokerages, including Barclays, BNP Paribas and Deutsche Bank, now expect a 25-basis-point U.S. Federal Reserve rate cut in September following Chair Jerome Powell's shift in tone at Jackson Hole toward rising risks in the labor market.

7hon MSN

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 ...

3don MSN

Jerome Powell Just Hinted at a Possible Rate Cut Amid ‘Significant Uncertainty’

President Trump has demanded for months that the Fed lower rates, but the potential economic effects worry experts.

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