Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a more urgent approach.

The U.S. central bank will look at all of the incoming data it can find when it meets again in October to set interest rates, Federal Reserve Chair Jerome Powell said. "We'll be looking at the data very

From the man whose words move markets in seconds, it was a striking admission. Investors and journalists regularly parse his press conferences for hints about upcoming rate cuts or hikes, trying to get ahead of the market; even the suggestion of a pause or a pivot can set off rallies or sell-offs on Wall Street.

Stocks declined on Wednesday, echoing losses on Wall Street overnight, while the dollar rose after Federal Reserve Chair Jerome Powell stopped short of confirming investors' expectations of a looming slide in U.

U.S. stocks were mostly lower in midday trading on Tuesday, as market attention was shifting to Federal Reserve Chair Jerome Powell's speech at the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon in Warwick,

None of Miran’s arguments are completely bogus, but he will receive considerable pushback from the committee. It is a sign of how the debate within the Fed will change over the coming year and reinforces our view that it will become significantly more dovish, risking a policy error.

U.S. stocks fell from record highs Tuesday after Federal Reserve Chair Jerome Powell spoke for the first time since the central bank cut interest rates last week.

Federal Reserve Chair Jerome Powell won't try to dampen market expectations of another rate cut in October, said Tim Duy, chief U.S. economist at SGH Macro Advisors. Traders in derivative markets think there is a high likelihood of another cut at the Oct.