Former St. Louis Fed President James Bullard said Friday that a September interest-rate cut was now a "done deal." It was notable that Powell "didn't say too much" about the rest of the year, Bullard said,

Federal Reserve Chair Jerome Powell delivers a high-profile address at the annual Jackson Hole Economic Policy Symposium.

Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting interest rates at its next policy meeting in September.

Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are dramatic surprises in the data in the coming weeks, said former Boston Fed President Eric Rosengren.

Martin Baccardax, Senior Writer at Barron's, says the slowdown in the labour market, inflationary pressure, and concerns about tariffs make forecasts for the market 'tricky'. In addition, potential interest rate changes by the Fed have an impact on tech stocks.

Lower rates help many businesses, including car makers. Rate cuts make financing vehicle purchases more affordable. As for the truck, Tesla raised the price of the high-end versio

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the government’s $37 trillion debt burden—likely a central motivation.

Fed Chair Jerome Powell hinted at potential interest rate cuts on Friday. If the slash materializes, experts say the move could be "good news" for mortgages.