The New York Times25d
Fed Chair Powell Signals ‘Time Has Come’ for September Rate Cut
Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation. transcript Jerome H. Powell indicated the ...
The New York Times26d
Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
By Jeanna Smialek Two years ago, Jerome H. Powell took the podium at the Federal Reserve Bank of Kansas City’s annual conference at Jackson Hole in Wyoming and warned America that lowering ...
The Washington Post25d
Markets and households eagerly await Powell’s hints about Fed rate cut
JACKSON HOLE, Wyo. — Financial markets, economic officials, businesses and households nationwide are eager for any hints about when the Federal Reserve will ease up on the economy and cut ...
The Washington Post24d
Fed Chair Powell: ‘The time has come’ for interest rate cuts
“The time has come for policy to adjust,” Fed Chair Jerome H. Powell said Friday, in his most anticipated speech of the year. “The direction of travel is clear.” Powell did not specify a ...
Pensions&Investments24d
Powell signals future rate cuts, as inflation, labor market continue to cool
An interest rate cut at the Federal Reserve’s next meeting in September is likely, Fed Chair Jerome H. Powell signaled Aug. 23, as both inflation and the labor market continue to cool.
Wall Street falls sharply, closing its worst week in nearly 18 months
Stocks fell again, with once-highflying tech giants again taking the brunt, after a job market update came in weak, fueling ...
Los Angeles Times24d
Fed leader, concerned about jobs downturn, tees up interest rate cuts
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday to start lowering rates next month ...
BusinessWorld20d
With Fed’s shift to job market done, policy now has to catch up
Two years later, the focus has changed again – this time to protecting the job market, as outlined in Fed Chair Jerome H. Powell’s speech on Friday at the US central bank’s annual Jackson Hole ...
Yahoo Finance24d
Wall Street reacts to Powell's Jackson Hole speech: Catalysts
Federal Reserve Chair Jerome Powell gave a speech on the central bank's outlook on the economy and interest rates at the Jackson Hole Economic Symposium. Powell remarked that the "time has come ...
Gulf Business24d
US Fed’s Jerome Powell says ‘time has come’ to cut rates
US Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job market would be unwelcome and expressing confidence that ...
BusinessWorld27d
Peso rises further before Powell speech
The peso traded mostly sideways against the dollar on Tuesday as the market awaits Fed Chair Jerome H. Powell’s speech at the Jackson Hole Symposium this week, a trader said in a phone interview. The ...