“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 ...
new video loaded: Federal Reserve Cuts Interest Rates for the First Time in Four Years transcript JeromeH. Powell, the Fed chair, said that the central bank would take future interest rate cuts ...
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair JeromePowell said Wednesday.
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 ...
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 ...
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 ...