jerome h. powell news

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.

Pensions&Investments · 16h

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.

Newsweek · 8h

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.

Fortune on MSN · 14h

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.

MarketWatch · 16h

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,

BusinessWorld8h

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 ...

12don 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 ...

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, ...

Intelligencer on MSN12d

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 ...

kalkinemedia5h

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 ...

The New York Times12d

Jerome Powell

By Ron Lieber and Tara Siegel Bernard 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.

Stock Market Today: Dow, S&P 500 score record closes after Powell remarks

Stocks were off slightly in early trade Monday, but on track for monthly gains with the Dow and S&P 500 near records set last week. Investors will be paying attention to remarks from Federal Reserve ...

kalkinemedia18h

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 ...

3dOpinion

Column: American economists and consumers got inflation wrong during its recent surge. They still do

Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...

Paudling Progress14h

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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