The Latest Breaking News from Jerome Powell

Markets await Jerome Powell’s Jackson Hole speech for clues on rates. With inflation high and jobs weakening, the Fed faces pressure. Powell may leave a September rate cut on the table, but the trajectory isn't guaranteed.

Chair of the Federal Reserve says US economy is facing ‘challenging situation’ as inflation risks persist and job market cools

US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a central banking conference on Friday, as he faces down attacks from President Donald Trump alongside mixed economic data.

Asian markets were mostly up Friday morning ahead of a pivotal speech by the US central bank chief, expected to shed light on possible interest rate cuts in the world's top economy.

Leading cryptocurrencies fell on Thursday as investors took caution ahead of Federal Reserve Jerome Powell’s address.

Earlier this week, investor Kevin O'Leary warned that Federal Reserve Chair Jerome Powell may hold firm on interest rates despite widespread market expectations for cuts, citing strong economic growth, rising asset prices and the disruptive impact of tariffs and artificial intelligence.

Stocks continued to struggle ahead of Fed Chair Powell's Friday morning speech at Jackson Hole.

The dollar may have staged a short-lived comeback in July, climbing more than 3% after its worst first-half in decades, but its summer surge is quickly unraveling as stagflation fears resurface.

The world’s largest cryptocurrency is down almost 5% after notching an all-time high one week ago.