The Latest Breaking News from Jerome Powell

Tech led gains on the final trading day of July as markets respond to the Fed's decision,

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…

As Chair of the Federal Reserve, Jerome Powell steered the economy through the COVID-19 pandemic and subsequent inflationary pressures.

The Fed won't cut rates on Wednesday, but it's next move is getting closer.

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.