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Jerome Powell signals Fed rate cut In Jackson Hole speech

CBS News on MSN · 17h

Watch Live: Fed Chair Jerome Powell speaks about economy 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.

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.

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.

15hon MSN

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking ...

22h

Bull market continuation may be decided by Jackson Hole and Nvidia earnings: strategist

Fed Chair Jerome Powell's address on Friday and Nvidia earnings after the close on Wednesday may hold the keys as to whether ...

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