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.

The politically motivated attacks on the Federal Reserve have a spiritual spillover into the rest of the world, says a ...

The U.S. dollar slipped against the Vietnamese dong Monday morning as it edged up against major peers.

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

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.