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.
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 ...
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 ...
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, JeromeH. Powell, all but promised Friday to start lowering rates next month ...
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 ...
The Fed’s benchmark rate now sits between 4.75 and 5 percent. “The U.S. economy is in good shape,” Fed Chair JeromeH. Powell said at a news conference. “It’s growing at a solid pace ...
WASHINGTON -- Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a ...