Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB2 days ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Powell Points to Two More Normal-Size Rate Cuts This Year
WEB2 days ago · Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year. Listen to this article ...
Fed chair says US economy is in 'solid shape,' gradual rate ... - ABC News
WEB2 days ago · WASHINGTON -- 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 ...
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell …
WEB2 days ago · Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee in Washington, U.S., September 18, 2024. ... the news and media ...
Watch Fed Chair Jerome Powell speak live on economy, policy …
WEB3 days ago · Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization’s annual conference in Nashville. The central bank chair is ...
Fed's Powell poised to speak as economists fret about a policy …
WEB3 days ago · Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024.
Speech by Chair Powell on the economic outlook - Federal …
WEB3 days ago · Economic Outlook. Chair Jerome H. Powell. At the National Association for Business Economics Annual Meeting, Nashville, Tennessee. Watch Live. I have some brief comments on the economy and monetary policy and look forward to our discussion. Our economy is strong overall and has made significant progress …
Fed meeting recap: Chair Jerome Powell defends central bank’s …
WEBSep 18, 2024 · Powell says Fed’s goal is to restore price stability while keeping unemployment rate in check. Federal Reserve Chair Jerome Powell speaks during a news conference following the...
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEBSep 18, 2024 · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ …
WEBMay 1, 2024 · “Readings on inflation have come in above expectations,” Jerome H. Powell, the Fed chair, said at a news conference following the release of the central bank’s rate decision.