"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 ...

Walmart’s CEO Doug McMillon didn’t hold back on the impact of tariffs on his company’s earnings call yesterday — costs were increasing by the week, he said.

Trump, who promised much lower mortgage rates during his campaign, has for months demanded dramatic cuts to the Fed's policy rate, at various points threatening to fire or sue Powell in his attempts ...

Traders boosted bets on a September rate cut after Powell's comments, now placing a nearly 90% chance of a reduction, versus about 75% before Powell's remarks.