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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 ...

Week Ahead for FX, Bonds: U.S. PCE Inflation Data in Focus as Fed Rate Cut Looks Likely

U.S. PCE inflation data for July will be the key economic indicator as investors anticipate that the Federal Reserve will ...

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

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Fed Officials Erase Old Policy That Tolerated Higher Inflation

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...

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 ...

Powell signals Fed may cut rates soon even as inflation risks remain

Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...

Fed’s Goolsbee Says He Hopes Dangerous Inflation Data Was a Blip

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

Wall St futures slip as Trump attack on Fed's Cook unnerves investors

U.S. stock index futures slipped on Tuesday, pressured by a rise in longer-dated Treasury bond yields as President Donald ...

Futures slip as Trump attack on Fed's Cook shakes investors

U.S. stock index futures slipped on Tuesday, pressured by a rise in longer-dated Treasury bond yields as President Donald ...

Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that she committed ...

Trump just took extraordinary action against the Fed. He may not go all the way

President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself ...

Friday's PCE inflation data to play role in confirming Fed's pivot toward a cut

July data from the personal consumption expenditures price index, due on Friday, will be the focus of investor attention because of its potential to buttress or undermine the Federal Reserve's pivot ...