News

Morgan Stanley joins global peers with September Fed rate cut outlook as Powell shifts tone

Morgan Stanley has joined a growing bloc of global brokerages forecasting a September interest rate cut by the U.S. Federal ...

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 ...

Who Is Lisa Cook and Why Is Trump Trying to Fire Her From the Fed?

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the ...

The Fed, The Future And Trump’s War Against The Powell And The Agency

Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary ...

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

The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in ...

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

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 ...

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 ...

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

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 ...

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...

Trump just took extraordinary action against the Fed. He may not go all the way

President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself shows the president has conceded there’s a limit to his attacks on the ...