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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 ...

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 ...

Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Reading The Tea Leaves: Implications Of Fed Chair Powell’s Speech

While not committing to action, Fed Chair Powell signaled a shift in monetary policy. Nvidia’s earnings release on Wednesday ...

Barclays, BNP pivot to September Fed rate cut on Powell's labor warning

Barclays and BNP Paribas expect the U.S. Federal Reserve to make a 25-basis-point interest rate cut in September, according ...

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 ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

The stock market soared following Fed Chair Powell’s speech. Why it might just be a ‘late-summer rally.’

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...

Bitcoin, Ethereum, XRP Jump After Powell’s Fed Speech. How the Fed Is Boosting Cryptos.

Bitcoin and Ethereum were being helped by Fed Chair Powell’s comments that rate cuts could be warranted in his speech at ...