Powell says Fed will likely cut rates ... - Associated Press News
23 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
23 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: Rate cuts are still underway | CNN Business
23 hours ago · Powell said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in place, at least in the short run. That includes a slowing job market ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy …
23 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 ...
Fed's Powell declines to say if he would remain after chair term ...
20 hours ago · Nov 14 (Reuters) - Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026 ...
Speech by Chair Powell on the economic outlook
23 hours ago · At Conversation with Federal Reserve Chair Jerome Powell, Dallas, Texas. Watch Live. Good afternoon. Thank you to the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber for the kind invitation to be with you today. I will start with some brief comments on the economy and monetary policy.
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.
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 Chair Powell says 'time has come' for interest rate cut - NBC News
Aug 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.
Live: Fed Rate Decision, Powell News Conference
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’. Powell says labor ...