Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
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.
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell …
NASHVILLE, Tennessee, Sept 30 (Reuters) - Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts...
Fed rate cut - by a quarter point - expected Thursday - USA TODAY
8 hours ago · After a two-day meeting concludes Thursday, economists don’t expect Fed Chair Jerome Powell to signal when or how quickly the Fed will decrease rates, instead saying its actions will depend on ...
Fed is set to cut rates again while facing a hazy post-election …
2 days ago · On Thursday, the Fed’s policymakers, led by Chair Jerome Powell, are on track to cut their benchmark rate by a quarter-point, to about 4.6%, after having implemented a half-point reduction in September. Economists expect another quarter-point rate cut in December and possibly additional such moves next year. Over time, rate cuts tend to lower ...
Fed Chair Jerome Powell signals "time has come" for interest ... - CBS News
Aug 23, 2024 · Federal Reserve Chair Jerome Powell said "the time has come" for the central bank to adjust its monetary policy, signaling that rate cuts could soon lower borrowing costs for American...
Investors are counting on Jay Powell to keep Fed rate cut plans …
4 days ago · CMA. Investors are counting on Federal Reserve Chair Jay Powell to keep rate-cutting plans on track this week with a 25 basis point reduction, despite some signs of stubborn inflation and mixed ...
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.
Live: Fed Rate Decision, Powell News Conference
Jun 12, 2024 · Here are five key takeaways from Wednesday’s Federal Open Market Committee rate decision and Federal Reserve Chair Jerome Powell’s press conference: The FOMC median now projects a single...
Jerome Powell indicates Fed won't wait until inflation is ... - NBC News
Jul 15, 2024 · Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at the Economic Club of Washington D.C., Powell...