By Ron Lieber and Tara Siegel Bernard JeromeH. 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.
“The time has come for policy to adjust,” Fed Chair JeromeH. Powell said Friday, in his most anticipated speech of the year. “The direction of travel is clear.” Powell did not specify a ...
Statement by JeromeH. Powell, Chair, Board of Governors of the Federal Reserve System before the Committee on Financial Services U.S. House of Representatives, March 6, 2024 Chairman McHenry ...
The Standard & Poor’s 500 rose 1.1% after Fed Chair JeromeH. 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 ...
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 ...
Remarks by JeromeH. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...