News

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 ...

Wall Street’s September Fed rate cut bets still hinge on economic data

Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...

Markets are sure the Fed will cut in September, but the path from there is much murkier

Friday's booming rally turned into Monday's reality check as investors weighed just how aggressive the Federal Reserve will ...

Mortgage Costs Weigh On Buyers as Fed Signals Rate Cut: What It Means for Housing

Jerome Powell has suggested policy shifts may be coming-and for the housing market, costs remain a critical pressure point.

Treasury yields rise amid questions on Fed's ability to cut rates in September

Treasurys sold off slightly in Monday morning trading, but held on to the bulk of Friday's rally, as strategists raised ...

Jefferies' David Zervos: 'No reason' for Fed to be waiting this long for rate cuts

David Zervos, Jefferies chief market strategist, joins CNBC's 'Closing Bell' to discuss Fed Chair Jerome Powell's dovish ...

European indexes mixed amid Fed rate cut expectations; Orsted, Keurig Dr Pepper in focus

The Ifo Business Climate indicator for Germany rose to 89 in August from 88.6 in July. France (CAC:IND) -0.54% The ...

Asia shares up on hopes for US rate cuts, Nvidia a hurdle

Asian share markets rose on Monday as investors gave a cautious welcome to the likely resumption of U.S. interest rate cuts, ...