Federal Reserve Chair Jerome Powell in Nashville
Federal Reserve Chair Jerome Powell in Nashville: 'Growing confidence' on soft landing
His Nashville speech comes nearly two weeks after the Federal Reserve lowered its interest rate by a half percentage point on Sept. 18 — the first rate cut in four years. Powell said Monday that, as of the cut earlier this month,
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.
Fed chair says US economy is in 'solid shape,' gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
Fed’s Powell Says Rate Cuts Can Continue to Support Soft Landing
Federal Reserve Chair Jerome Powell says the economy is in solid shape. “We intend to use our tools to keep it there,” he adds.
Fed Chair Powell Dampens 50bps Rate Cut Hopes – Here’s How the Bitcoin Price Reacted
The Bitcoin price is set to end Monday with losses of close to 3%. But could the world’s largest crypto pump in October?
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
During comments before the National Association for Business Economics in Nashville, Tennessee, Powell characterized the economy and hiring as healthy while noting that the Fed is
US Fed chair Jerome Powell sees 'further disinflation' in economy
Federal Reserve chair Jerome Powell indicated inflation is cooling and interest rates may decrease further. Following a recent rate cut, he noted broader economic conditions support disinflation, with
Powell Expects Two More Smaller Rate Cuts This Year, Still Sees a Soft Landing
The Fed chair is speaking at the annual meeting of the National Association for Business Economics in Nashville, Tenn.
Reactions as Powell suggests 50 bp more cuts in store for 2024
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
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Powell Announces Future Rate Cuts at Slower Pace, Crypto Market to Benefit
Fed Chair Jerome Powell hints at smaller interest rate cuts, with experts foreseeing bullish impacts on crypto markets.
S&P 500 Ekes Out Record Closing High; Declines Briefly After Powell
NEW YORK (Reuters) -The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal ...
Fed's Powell poised to speak as economists fret about a policy mistake
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
News updates from September 30: Israel poised to launch ground operation in Lebanon; Powell signals November quarter-point rate cut
The region-wide Stoxx 600 was down 0.3 per cent weighed down by automakers after Stellantis, the world’s fourth-largest ...
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Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming
WASHINGTON — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate ... His comments, at a conference ...
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...