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 comments about Lisa Cook intensify Trump’s campaign against the central bank, which he has bashed over its decision to ...

Former Michigan State economist Lisa Cook came under continued fire from President Trump but it's unclear he can fire her ...

Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors ...

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

U.S. stocks are ticking higher on Friday ahead of a highly anticipated speech about where U.S. interest rates may be heading.