Fed Chair Jerome Powell signals path to rate cuts
Digest more
Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.
Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary of anyone’s certainty past then.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
Federal Reserve Chair Jerome Powell warned that President Donald Trump 's tariffs are pushing consumer prices higher and would continue to do so over the coming months.
By Davide Barbuscia, Laura Matthews and Lewis Krauskopf NEW YORK (Reuters) -Investors cheered Federal Reserve Chair Jerome Powell's Jackson Hole address, which gave a green light to buy risky assets on the hope the central bank is ready to cut rates,
6h
WNCT Greenville on MSNNFL’s Cornell Powell hosts back-to-school event in Greenville
NFL player and former J.H. Rose football star, Cornell Powell, hosted his second annual back-to-school giveaway in Greenville today. People lined up outside of FlyerCutz barbershop as early as 5 a.m.
Stocks surged Friday as investors breathed a huge sigh of relief after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut.