Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”
Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course'
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks
Investors have been divided over whether the US central bank will slip into a series of quarter-percentage-point cuts now or perhaps be prompted to make another large cut.
How Jerome Powell Got The Fed To A Big Half-Point Cut
Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or would he go big with a double-sized cut, signaling that the economy might be deteriorating faster than expected?
Powell: Fed will do what it takes to keep economy 'in solid shape'
Federal Reserve Chair Jay Powell said Monday the central bank intends to do what it takes to keep the economy "in solid shape," but that it is no rush and likely to cut interest rates in smaller increments going forward.
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected. During comments before the National Association for Business Economics in Nashville,
Fed Chair Powell Says the US Economy Is in 'Solid Shape' With More Rate Cuts Coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy
Fed’s Powell Says Rate Cuts Can Continue to Support Soft Landing
Federal Reserve Chair Jerome Powell says the economy is in solid shape. “We intend to use our tools to keep it there,” he adds.
Fed Chair Powell: If the economy behaves as expected that'll mean two more rate cuts
Fed Chair Jerome Powell speaks about the economy, inflation and rate cuts at the National Association for Business Economics.
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US Stocks Slip Amid Fed Watch, Powell's Speech in Focus
Headlines,US stocks experienced slight declines as attention shifts to Federal Reserve Chair Jerome Powell's speech.,Traders ...
Pound Sterling struggles to extend upside above 1.3400 ahead of Fed Powell's speech
A slight acceleration in the US core PCE inflation suggests that the Fed’s battle against inflation is not over yet.
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Fed's Powell set to speak as economists fret about a policy mistake, election risk
Among 32 professional forecasters surveyed recently by the National Association for Business Economics, 39% cited a "monetary ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Stock Market Today: Dow drifts lower ahead of remarks by Powell as heavy data week gets under way
Stocks were off slightly in early trade Monday, but on track for monthly gains with the Dow and S&P 500 near records set last week. Investors will be paying attention to remarks from Federal Reserve ...
Gold price remains confined in a range below all-time peak, Powell's speech awaited
Gold price (XAU/USD) kicks off the new week on a softer note, albeit it remains confined in a multi-day-old range and within striking distance of the all-time peak touched last Thursday. Israel ...