JeromePowell is set to take plenty of partisan fire this week if he, as expected, sends a signal that the fight against inflation is nearing an end with an interest rate cut — the first one in ...
“The time has come for policy to adjust,” Fed Chair JeromeH. Powell said Friday, in his most anticipated speech of the year. “The direction of travel is clear.” Powell did not specify a ...
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair JeromePowell said Wednesday.
new video loaded: Federal Reserve Cuts Interest Rates for the First Time in Four Years transcript JeromeH. Powell, the Fed chair, said that the central bank would take future interest rate cuts ...
Remarks by JeromeH. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...
The Standard & Poor’s 500 rose 1.1% after Fed Chair JeromeH. Powell said in a highly anticipated speech that the time has come to lower the central bank’s main interest rate from a two-decade ...