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Fed’s Jerome Powell hints at more rate cuts
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.
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.
Jerome Powell, S&P 500
Stock Market Today: Dow, S&P 500 score record closes after Powell remarks
The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to end at 42,330.15, a record closing high. It is the index's 33rd record close of this year. The Dow rose 3211.29 points, or 8.21%, in the third quarter.
Stock market today: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend to use our tools to keep it there."
S&P 500 ekes out record closing high; declines briefly after Powell
The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts.
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Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election
Federal Reserve Chair Jerome Powell is scheduled to speak on Monday amid growing concerns among economists about potential ...
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on MSN
Rupee may struggle after Powell dampens hopes of another jumbo rate cut
The Indian rupee is expected to open slightly weaker and stay under pressure on Tuesday after Federal Reserve Chair Jerome ...
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Fed hat es laut Powell nicht eilig, wird allmählich lockern
US-Notenbankchef Jerome Powell sieht die amerikanische Wirtschaft noch immer auf einem soliden Fundament und hat erklärt, die ...
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Fed will help banks get cash in hurricane affected areas, Powell says
Federal Reserve Chair Jerome Powell said Monday the Fed can help regional and local banks in hurricane-affected areas of the ...
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Powell Suggests 50 Bp More Cuts in Store for 2024
The Fed cut rates by half a percentage point at its Sept. 17-18 meeting, lowering the range of its policy rate from a 20-year ...
1d
on MSN
Powell Says Fed Will Move ‘Over Time’ to More Neutral Stance
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that ...
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Fed
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