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Fed's Powell opens door to rate cut

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.

Associated Press News on MSN · 2d

Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central b

The New York Times · 2d

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September.

1hon 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 ...

35m

Stocks fall flat after interest rate announcement rally

Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying ...

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

Here are 4 ways lower interest rates could affect your personal finances

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.

5don MSN

Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...

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