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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 ...

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking ...

Fed’s Jackson Hole Exposes Hard Road Ahead for Central Bankers

This year, the Fed’s Jackson Hole symposium, which wrapped up Saturday, was at times a tense affair and drove home how ...

Bloomberg Surveillance: Jackson Hole Reaction

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

Morgan Stanley makes major change to Fed interest rate cut forecast

Morgan Stanley has changed its forecast regarding a potential Federal Reserve interest rate cut next month. In a note dated ...

Stock market today: Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell's Jackson Hole finale fuels bets on September rate cut

Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in ...