Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.

U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.

On Wall Street, stocks of smaller companies led the way. They can benefit more from lower interest rates because of their ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

The Fed chair’s measured approach leans toward cautious easing amid a “curious” labor market, despite inflation perils.

If we are to take the official unemployment rate as the final word on the employment situation, then we’re likely to conclude ...

Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.

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

Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .

The US dollar is getting sold off aggressively as the market interpreted dovish signs for a cut in September, even in a ...

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, something President Trump has been agitating for.