Fed Meeting Live: Fed Holds Key Rate Steady, Signals Rate Cuts on the Way; Stocks Jump on Powell Remarks

The Federal Reserve kept its benchmark interest rate at a 22-year high, as expected, but signaled rate cuts could be on the ...

Fed's Powell hints at possible September rate cut in his biggest speech of the year

In his keynote Jackson Hole address, Fed Chair Jerome Powell spoke about the job market, inflation, and the central bank's future outlook.

Powell Warns on Labor Market, Offers No Clues on Future Rate Cuts

In a speech in Rhode Island, the Federal Reserve chairman described the future path of the economy as ‘challenging.’ ...
Transport Topics

Fed’s Powell Sees Steady Growth, Signals Pause in Rate Cuts

[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still ...

JPMorgan warns the Fed's next rate cut could be a 'sell the news' event that tanks stocks

Investors have been clamoring for lower rates, but some commentators in the market think that a Fed cut won't boost stocks or the economy as expected.

Fed rate decision could hinge on ex-chief Powell in historic vote - Jim Bianco

However, the final tally will also serve as a barometer for the Fed's autonomy under new Chair Kevin Warsh. Bianco warned ...

Fed Chair Powell Hints at Policy Shift: Here's What Investors Expect To Happen Next

The odds of a September rate cut jumped Friday after Federal Reserve Chair Jerome Powell struck a dovish tone in his speech at the central bank’s annual Jackson Hole Symposium.

Powell Tees Up Rate Cuts, Acknowledges Weakening Economy

In his final speech at the Federal Reserve’s summer retreat, Chairman Jerome Powell said the changing economic landscape likely will bring lower interest rates.