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.
Takeaways from Fed Chair Powell’s speech at Jackson Hole - AP News
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.
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
Sep 18, 2024 · In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has before to declaring victory over inflation. “We know it is time to recalibrate our (interest...
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.
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 ...
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...
Fed's Powell poised to speak as economists fret about a policy …
NASHVILLE, Tennessee, Sept 30 (Reuters) - A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk that could undercut the economy...
Key takeaways from Fed Chair Powell’s testimony on Capitol Hill
Jul 9, 2024 · Inflation has come a long way since reaching a four-decade peak two years ago, Federal Reserve Chair Jerome Powell said Tuesday. However, central bank officials still want to see more progress...
WATCH: Powell speaks after Federal Reserve signals only one
Jun 12, 2024 · “We’ll need to see more good data to bolster our confidence that inflation is moving sustainably toward 2 percent,” Chair Jerome Powell said at a news conference after the Fed meeting ended. The...
US economy no longer overheated, Fed's Powell tells Congress
WASHINGTON, July 9 (Reuters) - The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where it was before the health...