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 boosted confidence in ongoing economic growth and consumer spending.
"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 ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Among 32 professional forecasters surveyed recently by the National Association for Business Economics, 39% cited a "monetary ...
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.
Asia-Pacific markets showed mixed results on Tuesday following remarks from US Federal Reserve Chair Jerome Powell. Powell ...
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 ...
The Fed’s benchmark rate now sits between 4.75 and 5 percent. “The U.S. economy is in good shape,” Fed Chair Jerome H. Powell said at a news conference. “It’s growing at a solid pace ...
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
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