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Fed's Powell opens door to rate cut

The New York Times · 2d

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September.

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.

PennLive · 11h

Powell faces fresh challenges to Fed independence amid potential rate cut

For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On Friday, he changed course, saying the Fed could lower interest rates as soon as its next meeting in September.

Jackson Hole, Fed and Jerome Powell

Forbes on MSN · 2d

Fed’s Powell Gives Final Jackson Hole Speech Today—Here’s What To Watch For On Interest Rates And More

The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Bloomberg on MSN · 7h

Fed’s Jackson Hole Exposes Hard Road Ahead for Central Bankers

The Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick back, discuss a few complicated economic topics and then go for a hike in the shadow of Grand Teton.

MarketWatch on MSN · 2d

Bond market rallies after Powell ‘walked a fine line’ with Jackson Hole speech

The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone

2d

Powell didn't promise September interest rate cut, may hold steady if data is ugly, Rosengren says

Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are ...

4don MSN

Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...

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