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Fed Chair Powell Hints At Rate Cuts

Dow soars more than 900 points after Fed hints at interest rate cuts

The hope among investors had been that Powell would hint that the Fed's first cut to interest rates of the year may be imminent.

Los Angeles Times · 22h

Powell opens door to interest rate cut, citing labor markets

Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain.

Reuters on MSN · 21h

Powell says Fed may need to cut rates, will proceed carefully

Federal Reserve Chair Jerome Powell on Friday signaled a possible interest rate cut at the U.S. central bank's meeting next month, saying that risks to the job market were rising but also noting inflation remained a threat and that a decision wasn't set in stone.

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 ...

Powell didn't promise September interest rate cut, may hold steady if data is ugly, Rosengren says

Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are ...

2don MSN

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show

Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the ...

Gilt Yields Fall After Fed Chair’s Jackson Hole Speech

Yields on U.K. government bonds fell, tracking their U.S. equivalents, after U.S. Federal Reserve Chair Jerome Powell signalled possible interest-rate cuts in September during a speech at the Jackson ...

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 ...

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