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News

Jerome Powell's Jackson Hole Speech

Yahoo · 1h
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.
CBS News · 12h
Fed Chair Jerome Powell signals path to rate cuts 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.
The Wall Street Journal · 1h
Highlights From Powell’s Jackson Hole Speech
Here are some of the key quotes from Federal Reserve Chair Jerome Powell's speech this morning in Jackson Hole, Wyo. On Interest Rates "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.
7hon MSN

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...
11hon MSN

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking ...

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