Powell’s move to ease rates will not ease the pressure from the Trump administration for major rate reductions nor that which ...

U.S. stocks surged after Jerome Powell's Jackson Hole remarks boosted hopes for a Fed rate cut with airlines, oil services and housing stocks leading the gains.

Conference highlighted the political pressures weighing on the Fed. Read more at straitstimes.com. Read more at ...

Federal Reserve Chair Jerome Powell on August 22 said that the weak job market may soon force the American central bank to cut interest rates.

This follows the rally in New York fueled by Fed Chair Jerome Powell's remarks at the annual economic symposium in Jackson ...