jerome h. powell news

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,

Hosted on MSN · 1d

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?

New York Post · 1d

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 unemployment go up,” Powell said, answering a question about the

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, ...

The New York Times1mon

Jerome Powell

Jerome H. Powell indicated the Federal Reserve will begin to cut interest rates in September, but stopped short of stating how large that move might be. Jerome H. Powell made it clear that ...

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 ...

Reuters27d

Fed's Powell, in policy shift, says 'time has come' to cut rates

Fed chief says timing, pace of rate cuts depends on data Central bank expected to cut rates at September meeting How big a rate cut is now the key question for Fed JACKSON HOLE, Wyoming, Aug 23 ...

Barron's27d

Full Text: Jerome Powell’s Jackson Hole Speech 2024

Remarks by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...

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 ...

Los Angeles Times27d

Wall Street soars close to its record heights as ‘time has come’ for interest rate cuts

The Standard & Poor’s 500 rose 1.1% after Fed Chair Jerome H. Powell said in a highly anticipated speech that the time has come to lower the central bank’s main interest rate from a two-decade ...

14hon MSN

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 ...

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