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Fed Chair Jerome Powell signals path to rate cuts

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, WY.

CBS News on MSN · 2d

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.

Reuters on MSN · 16h

Major brokerages pivot to Sept Fed rate cut on Powell's labor warning

Major brokerages, including Barclays, BNP Paribas and Deutsche Bank, now expect a 25-basis-point U.S. Federal Reserve rate cut in September following Chair Jerome Powell's shift in tone at Jackson Hole toward rising risks in the labor market.

Trump Fires Fed Governor Lisa Cook

Associated Press News on MSN · 1h

Trump fires Fed Governor Lisa Cook, opening new front in fight for control over central bank

President Donald Trump has fired Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

USA Today · 46m

President Trump fires Federal Reserve Governor Lisa Cook

"I have determined that there is sufficient cause to remove you from your position," Trump said in a letter to Cook posted on Truth Social.

Bloomberg on MSN · 9m

Trump Moves to Fire Fed’s Cook, Escalating Central Bank Attack

President Donald Trump moved to oust Federal Reserve Governor Lisa Cook from her post at the US central bank in the wake of allegations from a White House ally that she falsified documents on mortgage applications.

17h

Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.

Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's ...

2don MSN

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Federal Reserve Chair Jerome Powell opened the door to a rate cut at the central bank’s meeting in September after months of ...

1don MSN

CNBC Daily Open: All roads lead to Jerome Powell

A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks ...

3don MSN

Fed's Powell announces policy framework tweaks for changed economic landscape

Nodding toward significant changes in the economic landscape over the last five years, Federal Reserve Chair Jerome Powell on ...

3d

Stocks find footing ahead of Powell speech

U.S. stocks opened higher Friday, showing signs of stabilization after retreating this week ahead of Fed Chair Jerome ...

4don MSN

The Fed is under full-scale assault. Jerome Powell is facing his toughest battle yet

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after ...

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