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

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven, decision-making process.

The markets skyrocketed on Friday with the Dow, Nasdaq and the S&P 500 all up nearly two percent after Federal Reserve Chair ...

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks ...

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...

Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still ...

Federal Reserve Chair Powell must tread a fine line as he readies a message on interest rate cuts at the central bank's ...

Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...

The hope among investors had been that Powell would hint that the Fed's first cut to interest rates of the year may be ...