News

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
InsuranceNewsNet8d

Jerome Powell to speak at Jackson Hole amid speculation about possible Fed rate cuts and his eventual replacement under pressure from Donald Trump

Federal Reserve Chairman Jerome Powell will deliver a speech next Friday at the Kansas City Fed's annual central banking ...

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 officials lukewarm on September rate cut as markets await Powell speech

NEW YORK (Reuters) -Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next ...

U.S. Federal Reserve conference starts Thursday in Wyoming

Fed Chair Jerome Powell is under intense pressure from U.S. President Donald Trump to cut interest rates. Economics professor ...

‘On another level’: crypto industry hosts rival gathering in Jackson Hole

Eric Trump, the Securities and Exchange Commission’s new, crypto-friendly chair Paul Atkins and two Fed governors on Donald Trump’s shortlist to replace Powell are all set to attend the Wyoming ...

Wall Street trains sights on Jackson Hole Fed gathering

By Suzanne McGee (Reuters) -Investors will next week train their sights on Jackson Hole, Wyoming, where Federal Reserve ...

Stock Market Today: All's quiet on the Wyoming front

Good morning & happy Monday. Stock futures are currently to the downside. Today, there are 29 earnings reports due out, per ...