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, ...
Jerome Powell has been 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 ...
The New York Times28d
Fed Chair Powell Signals ‘Time Has Come’ for September Rate Cut
Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation. transcript Jerome H. Powell indicated the ...
Trump Goes After the Fed for ‘Playing Politics’ With Historic Rate Cut
The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...
The Washington Post29d
Markets and households eagerly await Powell’s hints about Fed rate cut
JACKSON HOLE, Wyo. — Financial markets, economic officials, businesses and households nationwide are eager for any hints about when the Federal Reserve will ease up on the economy and cut ...
The New York Times29d
Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
By Jeanna Smialek Two years ago, Jerome H. Powell took the podium at the Federal Reserve Bank of Kansas City’s annual conference at Jackson Hole in Wyoming and warned America that lowering ...
The Washington Post27d
Fed Chair Powell: ‘The time has come’ for interest rate cuts
“The time has come for policy to adjust,” Fed Chair Jerome H. Powell said Friday, in his most anticipated speech of the year. “The direction of travel is clear.” Powell did not specify a ...
Pensions&Investments28d
Powell signals future rate cuts, as inflation, labor market continue to cool
An interest rate cut at the Federal Reserve’s next meeting in September is likely, Fed Chair Jerome H. Powell signaled Aug. 23, as both inflation and the labor market continue to cool.
Wall Street falls sharply, closing its worst week in nearly 18 months
Stocks fell again, with once-highflying tech giants again taking the brunt, after a job market update came in weak, fueling ...
Los Angeles Times28d
Fed leader, concerned about jobs downturn, tees up interest rate cuts
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday to start lowering rates next month ...