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Powell hints at possible rate cut

CNN on MSN · 20h

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, Fed Chair Jerome Powell said Friday at a key central banking forum.

The Associated Press on MSN · 15h

Jerome 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 months.

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.

20hon MSN

Powell Says Conditions ‘May Warrant’ Interest Rate Cut In Jackson Hole Speech (Live Updates)

The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...

2don MSN

Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...

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