The Latest Breaking News from Jerome Powell

September S&P 500 E-Mini futures (ESU24) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU24) are up +1.57% this morning as expectations mounted that Fed Chair Jerome Powell might signal a potential rate cut for September, while investors also awaited a fresh batch of U.S. economic data and an…

Federal Reserve considers cutting interest rates to manage inflation and support the economy. Market expects rate cut with high probability. Powell to prov...

With the end of their two-year fight against inflation in sight, Federal Reserve officials on Wednesday are likely to set the stage for the first cut to their key interest rate in four years

The US Federal Reserve is highly unlikely to waver from its position of holding interest rates at a two-decade high on Wednesday, but could drop hints about a September start to rate cuts.

Microsoft Azure cloud growth fell short, but eased AI spending fears. AMD spiked and Nvidia jumped. A Fed pivot is on tap.

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

Powell’s dim prospects come despite the Fed chief nearing a huge win: the “softest of soft landings.”

Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September

Markets are pricing in Fed rate cuts starting in September. Fed chief Jerome Powell could lock them in at this week's Federal Reserve meeting.

The US Federal Reserve may signal this week that interest rate cuts are on the way -- although it is widely expected to remain on pause until its next rate decision in September.

Apple, Microsoft and other titans report earnings this coming week, with AI in focus. The Fed is expected to signal rate cuts soon.