Jerome Powell, the chairman of the Federal Serve Board.Tom Williams/CQ-Roll Call, Inc via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Twas the day of the Fed rate-cut decision, and all across Wall StreetNot a trader was stirring, except to grab a Zyn from their seat. Everyone was waiting to hear Fed Chair Jerome Powell speakAnd hoping his outlook for rate cuts won't be so bleak. It's been almost n ...

Federal Reserve Chair Jerome Powell is set to speak with reporters following the central bank's decision to deliver the first interest rate cut of 2025. Policymakers lowered rates by a quarter percentage point, bringing its benchmark interest rate to a range of 4%-4.25%. In the weeks leading up to the decision, analysts had been confident a rate cut was coming considering a slew of data pointing to a slowdown in the labor market. Most traders had expected the 25 basis point cut rather than a deeper reduct ...

Clearly, corporate America is expecting Fed cuts here, and it seems like we're all but certain we're going to see 25 basis points next Wednesday. But it's all about the messaging, isn't it. What tone do you expect that Jerome Powell will actually take at the press conference.I think he can get a good idea on the tone about the way they signaled the policy action. Chair Powell essentially told us that they would ease at his speech in Jackson Hole, but he wasn't really that explicit. Why.Because probably he h ...