Federal Reserve, Jerome Powell
Jerome Powell was 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 make a decision as a group and then we announce it. That's always what it is,
How Jerome Powell Got The Fed To A Big Half-Point Cut
Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or would he go big with a double-sized cut, signaling that the economy might be deteriorating faster than expected?
Federal Reserve Chair Powell News Conference on Rate Cut
Federal Reserve Chair Jerome Powell held a news conference to discuss interest rates and monetary policy actions.
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, said, referring to the central bank’s decision to cut interest rates by half a point.
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
This is not something that the Fed can really fix,” he said after delivering a historic rate cut.
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the Federal Reserve cut interest rates by 50 basis points, which will lower mortgage costs.
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 chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...
The New York Times6d
Jerome Powell
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.
The Washington Post1mon
Markets and households eagerly await Powell’s hints about Fed rate cut
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 ...
New York Post5d
Fed’s Jerome Powell admits ‘we might well have’ cut rates in July if it knew about jobs report
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 Jerome Powell said Wednesday.
Barron's1mon
Full Text: Jerome Powell’s Jackson Hole Speech 2024
Remarks by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...
Los Angeles Times1mon
Wall Street soars close to its record heights as ‘time has come’ for interest rate cuts
The Standard & Poor’s 500 rose 1.1% after Fed Chair Jerome H. 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 ...
Commercial Observer2d
Sunday Summary: This Is the Jerome Powell We’ve Been Waiting For!
CRE was overjoyed by the Federal Reserve's 50 basis point cut, Andy Jassy's return to work edict and some big Bronx sales.