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.
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.
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.
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 cuts are in the pipeline but suggested they would occur at a measured pace intended to support a
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: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend to use our tools to keep it there."
Stock Market Today: Dow, S&P 500 score record closes after Powell remarks
U.S. stocks closed higher on Monday, recouping earlier losses that came after Federal Reserve Chair Jerome Powell’s comments at a conference Monday, which were viewed as disappointing to investors looking for aggressive interest-rate cuts from the central bank’s final two meetings this year.
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Bitcoin rallies as Powell signals more rate cuts, Poodlana eyes ‘Uptober’ gains
Bitcoin traded bullish as US Federal Reserve Chair Jerome Powell commented on the interest rate cuts on Monday. This came a ...
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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 ...
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, ...
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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 ...
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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.
Fed cuts interest rates by half a point, marking first trim since 2020
A more aggressive interest rate cut would suggest deeper worries that the job market is buckling under the Fed’s continued ...
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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 ...