Federal Reserve Chairman Jerome Powell signaled he is finally ready to start cutting interest rates, saying he believes the central bank is close to whipping inflation and that the job market is ...

Federal Reserve Chairman Jerome Powell did Friday what everyone expected, acknowledging in a speech in Jackson Hole, Wyoming, that the time to cut interest rates from their two-decade high is now.

Federal Reserve Chair Jerome Powell gave the all clear for interest rate cuts to begin as hiring and job gains slow down. “The time has come for policy to adjust,” Powell said in a Friday ...

Federal Reserve Chair Jerome Powell said "the time has come" for the central bank to adjust its monetary policy, signaling that rate cuts could soon lower borrowing costs for American consumers ...

“The time has come for policy to adjust,” Powell said in a Friday speech from Jackson Hole, Wyo. that looked back over the monetary response to the pandemic. “The direction of travel is ...

Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech in Jackson ...

Noting that inflation is easing while the job market is weakening, Federal Reserve Chair Jerome Powell provided the strongest signal yet Friday that the central bank plans to begin cutting ...

Chair Jerome Powell said Friday. Powell did not say when rate cuts would begin or how large they might be, but the Fed is widely expected to announce a modest quarter-point cut in its benchmark ...

The Fed is widely expected to cut rates at its next meeting in September. Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates.

Federal Reserve chairman Jerome Powell says he's increasingly confident that inflation will soon be tamed, setting the stage for the central bank to start cutting interest rates next month.

Chair Jerome Powell said Friday. Powell did not say when rate cuts would begin or how large they might be, but the Fed is widely expected to announce a modest quarter-point cut in its benchmark ...

Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. "The time has come for policy to adjust," Powell said in his speech during the Kansas City Fed's ...