Jerome Powell has been 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 ...
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, ...
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
The Washington Post29d
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 ...
Los Angeles Times4d
Fed announces big half-point interest rate cut, the first reduction since 2020
and will continue to enable further progress on inflation,” Fed Chair Jerome H. Powell said at a news conference after the conclusion of policymakers’ two-day meeting Wednesday. Stocks had ...
Pensions&Investments29d
Powell signals future rate cuts, as inflation, labor market continue to cool
An interest rate cut at the Federal Reserve’s next meeting in September is likely, Fed Chair Jerome H. Powell signaled Aug. 23, as both inflation and the labor market continue to cool.
Los Angeles Times29d
Fed leader, concerned about jobs downturn, tees up interest rate cuts
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday to start lowering rates next month ...
The Washington Post3d
Federal Reserve rate cut may boost Kamala Harris in campaign homestretch
Jerome H. Powell. (President Joe Biden nominated Powell for a second term.) Komal Sri-Kumar, president of Sri-Kumar Global Strategies, an economic consulting firm, pointed to strong retail sales ...