WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB4 days ago · Powell was pressed at his news conference about whether the Fed’s decision to cut its key rate by an unusually large half-point is an acknowledgement that it waited too long to begin reducing ...
Watch live: Chair Jerome Powell explains the Fed's decision for a …
WEB4 days ago · The Federal Reserve surprised Wall Street with a half-point rate cut on Wednesday, bringing its target range to 4.75% to 5%. Traders are awaiting further details from Fed Chair Jerome Powell, who ...
Fed Cuts Interest Rates for First Time in Four Years - The New York …
WEB4 days ago · Mr. Powell made it clear during his news conference that the Fed was willing to speed up or slow down its path of rate cuts going forward if the economy proves to be weaker or stronger than expected.
Analysis of Fed Rate Decision, Powell News Conference
WEB4 days ago · Powell said nobody should assume that “this is the new pace” for reductions going forward. One Fed board member, Michelle Bowman, voted for a 25 basis point cut, the first dissent by a ...
Takeaways from Fed Chair Powell’s speech at Jackson Hole - AP News
WEBAug 23, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell all but proclaimed victory in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming.
Fed Chair Powell says 'time has come' for interest rate cut - NBC News
WEBAug 23, 2024 · Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future in response to slower economic growth and cooling inflation.
Key takeaways from Fed Chair Powell’s testimony on Capitol Hill
WEBJul 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...
Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ …
WEBMay 1, 2024 · Federal Reserve officials left interest rates unchanged and signaled that they are wary about how stubborn inflation is proving, paving the way for a longer period of high interest rates.
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBDec 13, 2023 · Powell Says Fed Is Just at Beginning of Policy Easing Talks. Fed holds rates steady again and pivots toward cuts in 2024. Latest dot plot implies three quarter-point cuts next year. Powell...
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBMay 1, 2024 · Fed holds rates steady, citing lack of inflation progress; Central bank to slow balance-sheet runoff starting in June; Powell says rate hike is unlikely to be Fed’s next move
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