Powell says no need for Fed to rush rate cuts given strong economy
23 hours ago · Ongoing economic growth, a solid job market, and inflation that remains above its 2% target mean the Federal Reserve does not need to rush to lower interest rates, Fed Chair Jerome Powell said on ...
Fed’s Powell: Rate cuts are still underway | CNN Business
23 hours ago · Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. Mark Schiefelbein/AP video
Powell says Fed will likely cut rates cautiously given persistent ...
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 the central bank’s 2% target, “but it is not ...
Fed's Powell declines to say if he would remain after chair term ...
20 hours ago · 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. ... the news and ...
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
23 hours ago · A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said. By Jeanna Smialek Jerome H. Powell, the chair of the ...
Speech by Chair Powell on the economic outlook - Federal Reserve …
23 hours ago · November 14, 2024. Economic Outlook. Chair Jerome H. Powell. At Conversation with Federal Reserve Chair Jerome Powell, Dallas, Texas. Share. Watch Live
Live: Analysis of Fed Rate Decision, Powell News Conference
May 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
Live updates: Markets end the day higher after Fed Chair Powell’s ...
Mar 6, 2024 · Markets ended the day higher Wednesday after Federal Reserve Chair Jerome Powell testified before Congress. Wall Street started off slightly higher but then shifted firmly into the green after...
Stocks Rise as Fed Chair Powell Signals Rate Cuts in Jackson Hole ...
Aug 23, 2024 · Speaking in his most closely watched speech of the year, Jerome H. Powell, the chair of the Federal Reserve, clearly signaled on Friday that the central bank was poised to cut interest rates...
Live: Analysis of Fed Rate Decision, Powell News Conference
Dec 13, 2023 · Fed holds rates steady again and pivots toward cuts in 2024; Latest dot plot implies three quarter-point cuts next year; Powell says it’s ‘far too early’ for Fed to declare victory