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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 ...

Jerome Powell just told investors exactly what they wanted to hear at Jackson Hole

Fed Chair Powell sparked a big rally as he signaled the central bank could cut rates in September in his remarks at the ...

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 ...

Bloomberg Surveillance: Jackson Hole Reaction

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

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 ...

A survey of pre-Jackson Hole views shows contradictions between what they expect and how they're positioned

Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 ...

Powell hints at interest rate cuts and Wall Street cheers with big rally

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