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Fed Chair Powell Hints At Rate Cuts

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 on MSN · 19h

Watch Live: Fed Chair Jerome Powell speaks about economy 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.

Seeking Alpha · 2h

In Jackson Hole, Chair Powell Hints At Near-Term Rate Cuts And Reiterates Long-Term Approach

The Federal Reserve notes the balance of risks to the U.S. economy may warrant a shift in policy stance – in other words, a rate cut. Read more here.

12hon 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 ...

9hon MSN

Bond market rallies after Powell ‘walked a fine line’ with Jackson Hole speech

The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone ...

20h

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House

If the famously data-dependent Federal Reserve Chair Jerome Powell shifts gears and takes a gloomier view of the job market, ...

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