Powell hints at possible rate cut
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Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .
23hon MSN
Jerome Powell opens door to potential rate cut in speech highlighting rising economic risks
President Donald Trump has sought to terminate Federal Reserve Chair Jerome Powell, potentially setting up another constitutional fight if Powell refuses to go.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
Stock index futures were muted on Thursday, a day after Wall Street ended mostly lower as investors continued to await Federal Reserve Chair Jerome Powell's speech at Jackson Hole on Friday. S&P 500 futures (SPX) were unchanged,
If the famously data-dependent Federal Reserve Chair Jerome Powell shifts gears and takes a gloomier view of the job market, that could open the door for a rate cut at the Fed’s next meeting in September.