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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 ...

World shares are mixed as traders await cues on U.S. monetary policy from Jackson Hole meeting

World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary ...

Gold hovers near three-week lows before Jackson Hole summit

Gold ticked up on Wednesday but hovered near three-week lows, as investors looked towards the Federal Reserve's July meeting ...

Jay Powell to deliver Jackson Hole address under fire on multiple fronts

Jay Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This ...

Central Bankers Flock to Jackson Hole at Pivotal Moment

Chair Jerome Powell in remarks on Friday is expected to unveil the Fed’s new policy framework — the strategy it’ll use to ...

US stocks end higher, with Dow scoring new record, after Fed chief hints at rate cut soon

U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.