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He pointed to a possible rate cut at the central bank’s September meeting. Read more at straitstimes.com. Read more at ...
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, as he faces President Donald Trump's intensifying pressure on the central bank.
Fed chief Powell's dovish speech triggered a big Friday rally, with the S&P 500 and Dow Jones hitting new highs and several ...
JACKSON HOLE, Wy. -- Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a ...
Wall Street shot higher on confirmation US rates are coming down next month. But an increase in speculation and political ...
That long-awaited signal for an approaching cut came amid unrelenting pressure from the White House for lower borrowing costs ...
Powell spoke as markets largely expect a rate cut in September, according to futures pricing, though those odds have slipped ...
The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone ...
Readers weigh in on Fed Chair Jerome Powell, private credit, JBS’ labor issues, and the Trump administration’s emerging ...