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Powell Points to 2 More Normal-Size Rate Cuts This Year
Powell Points to Two More Normal-Size Rate Cuts This Year
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.
Fed's Powell says more rate cuts coming, but no preset course
The Federal Reserve is now on a slow, steady and data-driven rate cut path, Fed Chair Jerome H. Powell said Sept. 30.
Markets hit fresh records after Powell’s rate cut remarks
The Dow plunged nearly 400 points on remarks from Federal Reserve chair Jerome Powell, before correcting and ending the day above the record it set Friday.
Stock Market Today: Dow falls over 150 points after Powell remarks on economy
Fed Chair Powell said the October job report, released during the Fed's "blackout" or silent period ahead of its policy meeting, could play a major role in the outcome of the Fed's policy decision. "If it's a really important employment report,
BusinessWorld
4h
Fed sees no ‘hurry’ to cut rates as confidence in economy grows, Powell says
Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not “in a hurry” after new data ...
kalkinemedia
1h
Asia-Pacific markets mixed as Powell signals slower US rate cuts; Japan’s Nikkei rebounds
Asia-Pacific markets showed mixed results on Tuesday following remarks from US Federal Reserve Chair Jerome Powell. Powell ...
Hosted on MSN
12d
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 ...
11d
on MSN
Jerome Powell was clear: Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...
Zawya
21h
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 ...
kalkinemedia
14h
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 ...
16h
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.
12d
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, ...
12d
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 ...
1d
Gold Price Forecast: XAU/USD down but not out as Powell speech looms
Gold price is holding the previous corrective downside near $2,650 in Asian trades on Monday, shrugging off another Chinese ...
Paudling Progress
10h
US Fed Chair sees 'further disinflation' in economy
The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said ...
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