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Fed Chair Jerome Powell signals path to rate cuts

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.

Reuters on MSN · 20h

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.

Trump fires Fed Gov. Lisa Cook

Associated Press News on MSN · 5h

Trump fires Fed Governor Lisa Cook, opening new front in fight for control over central bank

President Donald Trump has fired Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

USA Today · 2h

Trump fires former Michigan State economist Lisa Cook from Fed board

The president said he was removing Cook from the Board of Governors immediately for "cause" but it was unclear if he has the authority to do so.

Bloomberg on MSN · 1h

Trump Moves to Fire Fed’s Cook, Setting Up Historic Legal Fight

Donald Trump moved to oust Federal Reserve Governor Lisa Cook following allegations that she falsified mortgage documents, a dramatic escalation in the president’s battle to exert more control over the US central bank.

1h

U.S. Federal Reserve

Stay updated with the latest news on the U.S. Federal Reserve. Get comprehensive coverage and analysis of the Fed's monetary ...

21h

Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.

Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's ...

7m

Morgan Stanley Expects US Fed to Deliver September Rate Cut as Powell Shifts Tone

(Reuters) -Morgan Stanley expects the U.S. Federal Reserve to begin cutting interest rates in September, from its earlier ...

3d

Powell set to give key speech as Trump administration ramps up pressure for a Fed overhaul

The Fed’s annual forum at Jackson Hole has long been a must-watch event for Wall Street, but this year’s meeting brings extra scrutiny.

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