Fed's Powell: US economy solid, gradual interest rate cuts coming
WEB1 day ago · 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.. His comments, at a conference of the National Association for Business Economics in Nashville, Tennessee, …
Jerome Powell: The Fed has 'growing confidence' inflation is cooling
WEB1 day ago · Powell said that annual headline and core inflation were at 2.2% and 2.7%, respectively. He further noted that inflation for core-good and non-housing core services were close to pre-COVID ...
Powell indicates further, smaller rate cuts, insists the Fed is 'not on ...
WEB1 day ago · The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy …
WEB2 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the ...
Speech by Chair Powell on the economic outlook
WEB2 days ago · News & Events; Speeches; Speech PDF September 30, 2024 ... Chair Jerome H. Powell. At the National Association for Business Economics Annual Meeting, Nashville, Tennessee. Share. Watch Live. I have some brief comments on the economy and monetary policy and look forward to our discussion.
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
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...
Stocks Rise as Fed Chair Powell Signals Rate Cuts in Jackson Hole ...
WEBAug 23, 2024 · Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.
Fed Chair Powell says 'time has come' for interest rate cut - NBC …
WEBFederal Reserve Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on …
Live: Fed Rate Decision, Powell News Conference
WEBJun 12, 2024 · Follow the latest updates on the Federal Reserve's policy decision and Chair Powell's press conference. The Fed dials back rate cuts, cites inflation and labor market progress, and signals a...
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBPowell says the labor market is coming into better balance, and wages have cooled, though they remain a bit above the level consistent with 2% inflation. Given the progress made, …