Fed policymakers say they are ready to cut interest rates

By Ann Saphir, Lindsay Dunsmuir and Michael S. Derby (Reuters) -Federal Reserve policymakers on Friday said they are ready to lower interest rates at the U.S. central bank's meeting in two weeks, with ... Read More

Fed chairman says ‘time has come’ for interest rate reductions

Speaking at a Jackson Hole event for international central bankers Friday, the Federal Reserve head sent his strongest signal yet that a cut is coming. Read More

Fed Chair Powell says 'time has come' for shift toward interest rate cuts | Here's what we know

Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates. Read More

Fed’s Williams Says Now Appropriate to Lower Interest Rates

Federal Reserve Bank of New York President John Williams said it is now appropriate for the central bank to reduce interest rates, given progress on lowering inflation and a cooling in the labor ... Read More

US Federal Reserve chair says 'time has come' to cut interest rate from 23-year high

In his keynote speech at the Fed's annual economic conference in Jackson Hole, Jerome Powell emphasized that inflation, after the worst price spike in four decades inflicted pain on millions of ... Read More

Time to cut interest rates, Fed chair says

Interest rates for a conventional 30-year mortgage were down to a hair below 6.5% this week, from more than 7% as recently as May. Lower rates should ... the Fed chair said. "Job gains remain ... Read More

Fed chair: 'Time has come' to change rates policy

Federal Reserve Chair Jerome Powell provided the strongest signal yet that the central bank plans to begin cutting historically high interest rates in September. He gave no clues on how much the ... Read More

US Fed chair says 'the time has come' to start cutting rates

Federal Reserve chair Jerome Powell said Friday that the "time has come" for the United States to start lowering interest rates, raising expectations of a rate cut next month. "The time has ... Read More

Mixed news on US jobs: Unemployment rate falls but hiring is slowing

The US economy is expected to have added 160,000 jobs last month and the unemployment rate likely dropped to 4.2% from 4.3%. Read More

Fed Chair Powell says 'time has come' for shift toward interest rate cuts

The Fed is widely expected to cut rates at its next meeting in September. Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates. Read More

Time to cut interest rates, Fed chair says

"The time has come for policy to adjust," Powell said in his keynote speech at the Fed's annual economic conference in Jackson Hole, Wyo. "The direction of travel is clear, and the timing and pace of ... Read More

Fed policymakers say they are ready to start cutting interest rates

They noted a cooling in the labor market that could accelerate into something more dire in the absence of a policy shift. Read More