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Jerome Powell signals Fed rate cut In Jackson Hole speech

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.

CBS News on MSN · 15h

Watch Live: Fed Chair Jerome Powell speaks about economy in Jackson Hole speech

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

15hon MSN

Jerome Powell hints long-awaited rate cuts are coming soon — the first during Trump’s term

The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates to support the economy, ...

1h

Jerome Powell just told investors exactly what they wanted to hear at Jackson Hole

Fed Chair Powell sparked a big rally as he signaled the central bank could cut rates in September in his remarks at the ...

13h

Dow surges 900 points as Powell’s speech was ‘music to the market’s ears’

U.S. stocks were rallying midday Friday on Federal Reserve Chair Jerome Powell’s Jackson Hole speech, as traders seemed more ...

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