Speech by Chair Powell on the economic outlook - Federal Reserve …
WEB1 day ago · Economic Outlook. Chair Jerome H. Powell. At the National Association for Business Economics Annual Meeting, Nashville, Tennessee. Watch Live. I have some brief comments on the economy and monetary policy and look forward to our discussion. Our economy is strong overall and has made significant progress …
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB21 hours ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Powell Points to Two More Normal-Size Rate Cuts This Year
WEB21 hours ago · 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. By Jeanna Smialek Jerome ...
Federal Reserve issues FOMC statement
WEBDec 13, 2023 · Federal Reserve issues FOMC statement. Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains have moderated since earlier in the year but remain …
Federal Reserve - Financial Times
WEB5 days ago · The latest news from the Federal Reserve. Extensive coverage and analysis of the Fed's monetary policy decisions and reports, including updates on US interest rates.
Federal Reserve News Fed Raises Rates Amid Banking Turmoil
WEBMar 22, 2023 · The Federal Reserve raised interest rates by a quarter-point, the ninth increase in a year, as it balances the long-running fight against inflation with the sudden tumult in banking.
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...
U.S. Federal Reserve News | Today's Latest Stories | Reuters
WEB6 days ago · The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in the week, with Governor Chris...
‘The time has come’: The Fed just sent a crucial message ... - CNN
WEBAug 23, 2024 · America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial milestone for the Federal Reserve’s historic — and, so far ...
Federal Reserve cuts key rate by half-point ... - Associated Press News
WEBSep 18, 2024 · Key points. The Federal Reserve slashed its benchmark interest rate by half a percentage point, the first and the biggest cut since March 2020 when COVID-19 was hammering the economy. The cut amounts to a declaration of victory over inflation, which has come down from a peak of 9.1% in June 2022 to 2.5% last month.