This follows the rally in New York fueled by Fed Chair Jerome Powell's remarks at the annual economic symposium in Jackson ...

U.S. stocks surged after Jerome Powell's Jackson Hole remarks boosted hopes for a Fed rate cut with airlines, oil services and housing stocks leading the gains.

Conference highlighted the political pressures weighing on the Fed. Read more at straitstimes.com. Read more at ...

Powell’s move to ease rates will not ease the pressure from the Trump administration for major rate reductions nor that which ...

Federal Reserve Chair Jerome Powell on August 22 said that the weak job market may soon force the American central bank to cut interest rates.

The labor market has moved front and center for the Federal Reserve, highlighting its fragility and risk to the economy. The good news is that unemployment remains low, and employers haven’t been all ...

India’s benchmark indices Sensex and Nifty opened in the green on Monday, lifted by gains in Reliance Industries and IT ...

Analysts said the rally reflects expectations that lower US interest rates will make emerging markets, including India, more ...

By Francesco Canepa, Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming (Reuters) -Global central bankers gathered at a ...

Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...

The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday after registering more than 1% gains in the ...