Powell Points to Two More Normal-Size Rate Cuts This Year
WEB1 day 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 ...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB1 day 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 ...
Watch Fed Chair Jerome Powell speak live on economy, policy …
WEB2 days ago · The central bank chair is delivering his assessment on the economy as well as his policy views. Following the speech, Powell will speak in a moderated discussion with Ellen Zentner, global head of ...
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
WEBSep 18, 2024 · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
Opening remarks by Chair Powell at the 10th ... - Federal Reserve …
WEB5 days ago · 2. See Jerome H. Powell, "Opening Remarks" (speech at the 2015 Roundtable on Treasury Markets and Debt Management: Evolution of Treasury Market and Its Implications, New York, NY, November 20, 2015). Return to text. i. Note: On September 26, 2024, the text of the speech was updated to reflect the delivered remarks in the video version of this ...
Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ …
WEBMay 1, 2024 · “Readings on inflation have come in above expectations,” Jerome H. Powell, the Fed chair, said at a news conference following the release of the central bank’s rate decision.
Speech by Chair Powell on the economic outlook
WEBOct 19, 2023 · Chair Jerome H. Powell. At the Economic Club of New York Luncheon, New York, New York. Before our discussion, I will take a few minutes to discuss recent economic data and the outlook for monetary policy. Recent Economic Data.
Jerome H. Powell sworn in for second term as Chair of the Board …
WEBMay 23, 2022 · Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell's oath was administered by Vice Chair Lael Brainard in the press briefing room …
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBDec 13, 2023 · Here are five key takeaways from the FOMC rate decision and Federal Reserve Chair Jerome Powell’s press conference on Wednesday:
US economy no longer overheated, Fed's Powell tells Congress
WEBWASHINGTON, July 9 (Reuters) - The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where it was before the health...