News

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 ...

Powell faces fresh challenges to Fed independence amid potential rate cut

For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On ...

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

Stocks and Bonds Rise After Powell Suggests Rate Cuts Could Be Imminent

Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

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 ...

Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record

Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest ...