Powell says no need for Fed to rush rate cuts given strong economy
3 days ago · Ongoing economic growth, a solid job market, and inflation that remains above its 2% target mean the Federal Reserve does not need to rush to lower interest rates, Fed Chair Jerome Powell said on ...
Speech by Chair Powell on the economic outlook - Federal Reserve …
3 days ago · 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 Fed will likely cut rates cautiously given persistent ...
3 days 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 the central bank’s 2% target, “but it is not ...
Powell says Fed doesn't need to be 'in a hurry' to reduce interest …
4 days ago · "The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Jay Powell says Federal Reserve in no ‘hurry’ to lower interest …
3 days ago · Jay Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a hurry” during a strong economy and a “bumpy” path down for inflation.
WATCH: Federal Reserve Chair Powell speaks after Fed …
Sep 18, 2024 · In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has before to declaring victory over inflation. “We know it is time to recalibrate our (interest...
Fed Chair Powell says 'time has come' for interest rate cut - NBC News
Aug 23, 2024 · Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future in response to slower economic growth and cooling inflation.
Speech by Chair Powell on the economic outlook - Federal Reserve …
Oct 19, 2023 · Our institutional role at the Federal Reserve is to monitor these developments for their economic implications, which remain highly uncertain. Speaking for myself, I found the attack on Israel horrifying, as is the prospect for more loss of innocent lives.
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.
WATCH: Powell speaks after Federal Reserve signals only one
Jun 12, 2024 · “We’ll need to see more good data to bolster our confidence that inflation is moving sustainably toward 2 percent,” Chair Jerome Powell said at a news conference after the Fed meeting ended....