Powell says Fed will likely cut rates ... - Associated Press News
1 day ago · WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said that inflation is edging closer to ...
Speech by Chair Powell on the economic outlook
1 day ago · At Conversation with Federal Reserve Chair Jerome Powell, Dallas, Texas. Watch Live. Good afternoon. Thank you to the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber for the kind invitation to be with you today. I will start with some brief comments on the economy and monetary policy.
Powell says no need for Fed to rush rate cuts given strong economy
1 day ago · The Fed uses the headline PCE reading to set its 2% inflation target - Powell said that figure likely was around 2.3% in October - while the "core" measure is considered a guide to the direction ...
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
1 day ago · LM Otero/Associated Press. Jerome H. Powell, the chair of the Federal Reserve, said that a solid economy with low unemployment, robust consumer spending and strengthening business investment gave ...
Fed’s Powell: Rate cuts are still underway | CNN Business
1 day ago · Powell said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in place, at least in the short run. That includes a slowing job market ...
Powell says Federal Reserve is more confident inflation is slowing …
Jul 15, 2024 · Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point.
Fed Chair Powell Welcomes Cooling Inflation - The New York Times
Jul 9, 2024 · Jerome H. Powell, the chair of the Federal Reserve, indicated on Tuesday that recent inflation data had given the central bank more confidence that price increases were returning to normal,...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as …
May 14, 2024 · Jerome H. Powell, the Federal Reserve chair, reiterated Tuesday that policymakers were poised to hold interest rates steady at a high level as they waited for evidence that inflation is...
Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent ...
1 day ago · Tags: Associated Press, business, inflation, economy. WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately ...