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Fed chair Jerome Powell holds press conference
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, its approach to considering further rate cuts at future meetings, and the outlook for the economy and inflation,
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
The question the press should definitely ask Fed's Powell (but probably won't)
The FOMC was clearly worried that expectations for 25 basis points were too entrenched, so they briefed on background. But the practice seems antiquated in the new era of central bank press conferences, if not superfluous.
14h
on MSN
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
1d
Powell Doesn’t See Signs of Recession Risk in US Economy
Fed watchers are uncertain about whether the FOMC will cut by a quarter or half percentage-point in part because, as Chris ...
1d
Powell Leaves Options Open After Big Rate Cut
Federal Reserve Chair Jerome Powell stressed Wednesday that the central bank will take upcoming interest-rate decisions on a ...
1d
Fed's Powell says balance sheet drawdown continues amid rate cuts
Federal Reserve Chair Jerome Powell said on Wednesday still strong levels of liquidity in the financial system will allow the ...
IJR
12h
Fed Chairman Suggests ‘Influx’ Of Migrants Are Contributing To Rising Unemployment
Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on ...
1d
U.S. Stocks Showing A Lack Of Direction As Fed Announcement Looms
Stocks have shown a lack of direction over the course of the trading session on Wednesday, with traders reluctant to make significant ...
1d
AMERICAS Stocks lap up Fed's fast 'recalibration', BoE up next
Shifting the emphasis from inflation to the jobs market, Powell and colleagues - via his press conference and the Fed's ...
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