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Fed's Powell opens door to rate cut

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.

USA TODAY on MSN · 1d

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Reuters on MSN · 1d

Powell says Fed may need to cut rates, will proceed carefully

The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in the top Fed job by former President Joe Biden, has said he intends to continue leading the central bank until his term expires next May.

2don MSN

Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month

Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a ...

3don MSN

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show

Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the ...

1d

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

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