Powell says no need for Fed to rush rate cuts given strong economy
8 hours ago · Federal Reserve Board Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024.
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
8 hours ago · Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. Mark Schiefelbein/AP video
Powell says Fed will likely cut rates cautiously given persistent ...
8 hours ago · WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said that inflation is edging closer to ...
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
8 hours ago · LM Otero/Associated Press. Jerome H. Powell, the chair of the Federal Reserve, said that a solid economy with low unemployment, robust consumer spending and strengthening business investment gave ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy …
8 hours ago · 3:06. Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace ...
Powell says Fed will likely cut rates cautiously given persistent ...
8 hours ago · Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong (Bloomberg) -- Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good ...
Traders Trim Bets for December Fed Rate Cut on Powell’s Caution
8 hours ago · Translate. Traders pared back their expectations for an interest-rate cut in December and policy-sensitive US yields jumped after Federal Reserve Chair Jerome Powell said economic resilience gives ...
Takeaways from Fed Chair Powell’s speech at Jackson Hole
Aug 23, 2024 · Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech in Jackson Hole, Wyoming.
Live: Analysis of Fed Rate Decision, Powell News Conference
May 1, 2024 · Here are five key takeaways from the FOMC interest rate decision and Federal Reserve Chair Jerome Powell’s press conference on Wendesday: The FOMC kept rates unchanged for a sixth straight...
Stocks Rise as Fed Chair Powell Signals Rate Cuts in Jackson Hole ...
Aug 23, 2024 · Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.