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News

Fed Chair Jerome Powell signals path to rate cuts

SFGATE · 20h
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.
NPR · 3d
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 · 1d
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.
3don MSN

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

The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in ...
1d

U.S. stock futures point to a pause after powerful Powell-fueled rally

U.S. stock futures were trading lower following a powerful rally on Friday after comments by Federal Reserve Chairman Jerome ...

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