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Fed Chair Jerome Powell signals path to rate cuts

Reuters on MSN · 18h

Major brokerages pivot to Sept Fed rate cut on Powell's labor warning

Major brokerages, including Barclays, BNP Paribas and Deutsche Bank, now expect a 25-basis-point U.S. Federal Reserve rate cut in September following Chair Jerome Powell's shift in tone at Jackson Hole toward rising risks in the labor market.

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 · 2d

Fed Chair Jerome Powell signals path to rate cuts 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.

10hon MSN

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

3don MSN

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 ...

6h

Stocks edge downwards after rallying on US rate hopes

Stocks edged downwards on Monday after earlier rallies in Europe and Asia, investors locking in gains fuelled by the clear ...

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