After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years.

Jay Powell's speech on Friday told investors what they wanted to hear — interest rates are going lower. But the Fed chair's direct message to markets also included some discussion about one of ...

The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair Jerome Powell said Wednesday.

Jerome Powell, chairman of the US Federal Reserve, right, during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 23, 2024.

Federal Reserve Chair Jerome Powell on Friday delivered his clearest message yet to financial markets that the time has arrived for lower interest rates. It’s a moment Powell has been warming up ...

Aug 23 (Reuters) - Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further ...

Continuing what’s long been an end-of-summer rite for investors, economists and central bankers, Federal Reserve Chair Jerome Powell’s Friday speech at an annual economic symposium in Jackson ...

Jerome Powell is set to take plenty of partisan fire this week if he, as expected, sends a signal that the fight against inflation is nearing an end with an interest rate cut — the first one in ...

At the Federal Reserve’s annual conference, Chairman Jerome Powell said “the time has come” for interest rate cuts, setting the stage for a likely rate cut in September. Inflation dropped to ...

Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC ...

Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. "The time has come for policy to adjust," Powell said in his speech during the Kansas City Fed's ...

Glen Powell is giving credit where credit is due. The “Twisters” actor on Tuesday responded to a report quoting an unnamed Hollywood producer who said that Powell appeals to both male and ...