Fed sees no ‘hurry’ to cut rates as confidence in economy grows, Powell says
Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not “in a hurry” after new data boosted confidence in ongoing economic growth and consumer spending.
Among 32 professional forecasters surveyed recently by the National Association for Business Economics, 39% cited a "monetary ...
By Ron Lieber and Tara Siegel Bernard 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.
Asia-Pacific markets showed mixed results on Tuesday following remarks from US Federal Reserve Chair Jerome Powell. Powell ...
Asked whether the U.S. economy faced the prospect of a recession, Powell said, “I don’t see anything in the economy right now ...
Stocks were off slightly in early trade Monday, but on track for monthly gains with the Dow and S&P 500 near records set last week. Investors will be paying attention to remarks from Federal Reserve ...
Here is a transcript: JEROME H. POWELL: Good afternoon. My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of ...
4dOpinion
Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
Spot gold climbed 0.4% to $2,668.05 per ounce, as of 0913 GMT, a few dollars away from the record $2,670.43 it hit on ...
The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said ...
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