News

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Powell said economic growth “has slowed notably in the first half of this year,” to an annual rate of 1.2%, down from 2.5% ...

Powell says Fed may need to cut rates, will proceed carefully

By Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming (Reuters) -Federal Reserve Chair Jerome Powell on Friday pointed to ...

Dow closes up 840 points after Fed Chair Powell signals possible interest rate cut

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

US DOJ to probe Fed's Cook, urging removal, Bloomberg News reports

The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal ...

U.S. Federal Reserve conference starts Thursday in Wyoming

Fed Chair Jerome Powell is under intense pressure from U.S. President Donald Trump to cut interest rates. Economics professor ...

‘On another level’: crypto industry hosts rival gathering in Jackson Hole

Eric Trump, the Securities and Exchange Commission’s new, crypto-friendly chair Paul Atkins and two Fed governors on Donald Trump’s shortlist to replace Powell are all set to attend the Wyoming ...

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 ...