The Latest Breaking News from Jerome Powell

Federal Reserve Chair Jerome Powell clarifies recent half-point rate cut and future rate adjustments, emphasizing data-driven decisions.

Federal Reserve Chair Jerome Powell discusses Fed's rate cut decision based on unemployment concerns and strong US economy.

Learn about the Federal Reserve's role in shaping the US economy through interest rates and data-driven decision-making.

Traders initially cheered when the Fed said it would cut rates by 50 points, as the market expected, but stocks closed in the red.

The Federal Reserve considers a rate cut to address inflation concerns and support economic growth.

The Fed has announced an interest-rate cut for the first time in four years – what effect will it have on consumers?

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets.

“I think underlying economic conditions will be much more important to financial markets than the Fed's tactics at a particular moment,” Citi Wealth's CIO said.