Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB4 days ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Powell Points to Two More Normal-Size Rate Cuts This Year
WEB4 days ago · Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year. By Jeanna Smialek Jerome ...
Watch Fed Chair Jerome Powell speak live on economy, policy views
WEB5 days ago · Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization’s annual conference in Nashville. The central bank chair is ...
Powell indicates further, smaller rate cuts, insists the Fed is 'not on ...
WEB4 days ago · Fed Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive. “We are not on any ...
Speech by Chair Powell on the economic outlook - Federal Reserve …
WEB5 days ago · Economic Outlook. Chair Jerome H. Powell. At the National Association for Business Economics Annual Meeting, Nashville, Tennessee. Watch Live. I have some brief comments on the economy and monetary policy and look forward to our discussion. Our economy is strong overall and has made significant progress …
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEBSep 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...
Live: Fed’s Powell Testifies Before US Senate on Monetary Policy
WEBJul 9, 2024 · Here are five key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the US Senate Banking Committee on Tuesday: Powell left the Fed’s options open on when the central bank...
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
WEBJun 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’
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
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · During a news conference, Jerome H. Powell, the Federal Reserve chair, opened the door to possibly pausing future rate hikes. Pete Marovich for The New York Times. Pinned. Jeanna Smialek. What...