Fed, Jerome Powell and cut rates
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Federal Reserve Chair Jerome Powell, speaking at a press conference on Sept. 17 following the monetary policy meeting, stated that labor demand has de
The Dow rose while the S&P 500 and Nasdaq fell Wednesday as the stock market stalled after the Federal Reserve's rate cut.
Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.
Fed Chair Powell sparked a big rally as he signaled the central bank could cut rates in September in his remarks at the Jackson Hole policy symposium.
Economists and policymakers have started to disagree about an economy that’s mostly fine based on backward-looking data, but in some ways unsettling.
Economist Lael Brainard, a former Federal Reserve vice chair and former top economic adviser to the Biden administration, warned on Wednesday that concerns about the Trump administration undermining the Fed’s independence are “not just a today issue.
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of some goods – dampening hopes for an interest rate cut in September. The personal consumption expenditures (PCE) price index ...
The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in the job market that could become a cause for concern, Fed Chair Jerome Powell said Friday.
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Fed's First Rate Cut Of 2025 To Powell Speaking On Jobs, Tariffs, Inflation — Key Highlights
The US Federal Reserve has trimmed its benchmark lending rate by 25 basis points, with only one dissenting vote.
Fed Chairman Jerome Powell on Wednesday emphasized that the Federal Reserve is not a climate regulator and will resist any political pressure to pursue green goals. Powell, speaking at Stanford University, said that it is crucial to avoid “mission creep ...