"That's about as clear cut as Powell can get that he has shifted his view since July and is leaning toward a cut in September," said Heather Long, chief economist at Navy Federal Credit Union, in an ...

Federal Reserve Chair Jerome Powell's closely watched Jackson Hole speech on Friday boosted optimism in markets that the U.S. central bank is poised to ease rates, sending investors to pile into risk...

US President Donald Trump has criticised Powell multiple times for not cutting rates.

As the Trump administration ramps up its pressure on the Federal Reserve, Chair Jerome Powell is set to deliver a key speech Friday at a central banking symposium in Jackson Hole, Wyoming.

Powell said the economic outlook “may warrant adjusting” the central bank’s stance on monetary policy.

"Downside risks to employment are rising," Powell said in his speech, warning that these challenges could materialize quickly in the form of layoffs.