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Jerome Powell Got The Fed To A Big Half-Point Cut
The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over inflation and drop the mic while giving a middle finger to his haters. That’s not his style.
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.
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?
14h
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, ...
11h
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 ...
17h
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 ...
12h
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...
13h
on MSN
Federal Reserve's Powell backs Basel changes, says no date yet for publishing new draft
Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...
10h
Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
14h
Powell Says Economic Projections Don’t Suggest FOMC Is In a Rush
Federal Reserve Chair Jerome Powell told reporters Wednesday that the Federal Open Market Committee isn’t in a rush to lower ...
14h
on MSN
Fed Chair Powell: Price stability benefits everybody over a long period of time
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing that the Central Bank has lowered ...
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