Australian shares are set to open marginally lower after Wall Street's main indices fell overnight, a day before the Federal Reserve's much-anticipated Economic Policy Symposium kicks off.

As the markets brace for Fed Chair Jerome Powell’s speech at Jackson Hole, uncertainty continues to hang over the direction ...

NEW YORK — Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to ...

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

The financial world was abuzz on Friday as Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut in ...

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

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

The Fed chair's remarks come against a fraught background with elevated inflation and weak hiring complicating the governors ...

Stocks surged higher on Friday as Federal Reserve Chair Jerome Powell signaled an interest rate cut could be on the way.

For much of this month, Wall Street traders piled into stocks and bonds, betting that the Federal Reserve was finally ready ...