Powell says no need for Fed to rush rate cuts given strong economy
1 day 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.
Powell says Fed will likely cut rates cautiously given persistent ...
1 day 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
1 day 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 ...
Powell says Fed will likely cut rates cautiously given persistent ...
1 day 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 ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts …
1 day ago · The central bank has lowered interest rates by 0.75-point since September. Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy …
1 day ago · 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.
Traders Trim Bets for December Fed Rate Cut on Powell’s Caution
1 day 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 ...
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.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell.
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
Jun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024; Policymakers holds key rate in unanimous decision; Inflation still elevated, with progress merely ‘modest’