Fed, Powell and cut rates

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Fed's Powell explains how central bank moderate rates mandate works
By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress imposed on the central bank add up to two in real-world conditions. Powell, speaking at a press conference following the latest interest-rate-setting Federal Open Market Committee meeting,

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Fed likely to cut rates again in October, and 3 other things we learned from Powell’s press conference
Watch: Fed's Jerome Powell Speaks After Interest Rate Decision
Powell gives remarks after Federal Reserve cuts interest rates
"Trump and his anti-democratic radicals look to be readying a campaign to destroy dissent."

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Powell’s Caution Dashes Bond-Market Bets on Aggressive Rate Cuts
Wall Street hates the Fed’s rate cut for crypto: ‘Short-lived..'
Fed Cuts Interest Rate: What Happens to Mortgage Rates Now as Markets React
However, prospective homebuyers who are holding off in anticipation that mortgage rates will automatically fall further after the Fed decision may face disappointment, housing economists warn.

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Powell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’
Fed cuts rates but Powell’s messaging is ‘far from a full pivot’
Investor's Business Daily on MSN

Fed Signals More Cuts, But Powell Says Don't Be Too Sure (Live Coverage)

As Powell's news conference ended, the S&P 500 edged into positive territory, up about 0.1%. Markets currently see 89% odds of a further quarter-point rate cut on Oct. 29 and 83% odds that the Dec. 10 meeting will bring a third-straight rate cut.
Argaam

Powell: Rate cut was preemptive, trade uncertainty persists

Federal Reserve Chair Jerome Powell, speaking at a press conference on Sept. 17 following the monetary policy meeting, stated that labor demand has de

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

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.

Jerome Powell just told investors exactly what they wanted to hear at Jackson Hole

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.

Powell’s nuance was lost on markets. Too bad

Economists and policymakers have started to disagree about an economy that’s mostly fine based on backward-looking data, but in some ways unsettling.

Powell suggests rate cuts are coming — but not because Trump demanded them

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.
Washington Examiner

Powell says Fed will resist pressure to pursue climate goals

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 ...
USA Today

Powell hints at interest rate cuts and Wall Street cheers with big rally

Markets were caught off guard. Economists had expected a neutral stance, but Powell’s comments were widely interpreted as a green light for a September rate cut. A week that began with a robust selloff in tech stocks, triggered by fading AI euphoria and ...

Damage to Fed’s independence could lead to many years of pain, Brainard says

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.
New York Post

Fed’s preferred inflation gauge ticks up as tariffs lift prices — casting cloud on September rate cut

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 ...
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