Federal Reserve Chairman Jerome Powell received a standing ovation in Jackson Hole, Wyoming, on Friday. Powell said the central bank could soon resume cutting interest rates.

Economic indicators show growth is bottoming, inflation is sticky, and recent policies set the stage for cyclical ...

Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.

U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.

The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by ...

On Wall Street, stocks of smaller companies led the way. They can benefit more from lower interest rates because of their ...

If we are to take the official unemployment rate as the final word on the employment situation, then we’re likely to conclude ...

Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole Economic Policy Symposium went better than expected.

Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .

High mortgage rates cooled home sales over the last few years. But data released this week shows signs that things may be ...