Fed, Powell and cut rates
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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.
Federal Reserve Chair Jerome Powell, speaking at a press conference on Sept. 17 following the monetary policy meeting, stated that labor demand has de
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.
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.
As expected, the Federal Reserve has cut interest rates for the first time this year, opting for a reduction of 25 basis points.Initially, the response across stocks and cryptocurrencies was pretty muted to say the least — unsurprising considering the move was largely priced in.
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 ...
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 ...
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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