Federal Reserve, Jerome Powell
Jerome Powell was clear: Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision as a group and then we announce it. That's always what it is,
How Jerome Powell Got The Fed To A Big Half-Point Cut
Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or would he go big with a double-sized cut, signaling that the economy might be deteriorating faster than expected?
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.
Federal Reserve Chair Powell News Conference on Rate Cut
Federal Reserve Chair Jerome Powell held a news conference to discuss interest rates and monetary policy actions.
Most of Wall Street edges lower after Fed delivers a big cut to rates
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
Fed cuts interest rates by half a point, marking first trim since 2020
A more aggressive interest rate cut would suggest deeper worries that the job market is buckling under the Fed’s continued fight against inflation.
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
This is not something that the Fed can really fix,” he said after delivering a historic rate cut.
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the Federal Reserve cut interest rates by 50 basis points, which will lower mortgage costs.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...
Weekly Commentary: Fed Goes Big
It's worth noting that the Fed chose to slash rates by 50 bps this week, with the Atlanta Fed GDPNow (Q3) forecast at 2.93%.
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street romped to records as a delayed jubilation swept markets worldwide after the Federal Reserve’s big cut to interest ...
What Trump Has Said About Rates, and Why It Matters
He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.
Has Jerome Powell managed the impossible, or was it just luck?
Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...
Powell Doesn’t See Signs of Recession Risk in US Economy
Fed watchers are uncertain about whether the FOMC will cut by a quarter or half percentage-point in part because, as Chris ...
Hosted on MSN2d
Trump Isn't Happy With Jerome Powell's 50 Bps Rate Cut Maneuver, Suggests the Economy Is 'Very Bad' and That the Fed Chair Is 'Playing Politics'
Donald Trump criticized the Federal Reserve's decision to cut its benchmark interest rate by half a percentage point, stating ...