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Federal Reserve is set to cut rates again while facing a hazy post-election outlook
SUNDAY, NOVEMBER 03, 2024
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year.
The time has come’ for the Fed to soon begin reducing interest rates: Powell
FRIDAY, AUGUST 23, 2024
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
Fed Chair Powell says Fed is 'not likely' to hike rates further
THURSDAY, DECEMBER 14, 2023
A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record on Wednesday after the Federal Reserve indicated that the cuts to interest rates investors crave so much may be coming next year.
Fed leaves rates unchanged, sees two small hikes by end of 2023
THURSDAY, JUNE 15, 2023
Federal Reserve Chairman Jerome Powell said on Wednesday it is too soon to say inflation will continue to retreat even as officials expect price pressure to stay on a cooling trend.
Powells fast-taper signal presages agile Fed on 2022 rates
TUESDAY, DECEMBER 07, 2021
Jerome Powells pivot toward a quicker withdrawal of stimulus paves the way for a more agile Federal Reserve in 2022, one thats willing to raise interest rates faster than expected if inflation lingers or hold back if the pandemic worsens.
ECBs reasons to blink mount as Powell shifts on inflation
THURSDAY, DECEMBER 02, 2021
The European Central Banks insistence that surging consumer prices wont endure is being tested so repeatedly that inflation now threatens to overshadow a meeting in two weeks time to revamp pandemic stimulus.
Powell says Fed policy will adapt amid risk of persistent inflation
THURSDAY, DECEMBER 02, 2021
Federal Reserve Chair Jerome Powell reinforced his message that the U.S. central bank would keep inflation in check and said for the second time in two days that officials should consider speeding up how quickly they withdraw policy support.
Biden taps Jerome Powell for second term as Fed chair, signaling continuity at central bank
TUESDAY, NOVEMBER 23, 2021
WASHINGTON - During his first term as Federal Reserve Chair, Jerome Powell faced blistering political pressure and an enormous economic crisis. He has confronted an ethics scandal within the central bank and the steepest inflation in more than 30 years.
Powell says waves of covid cases have had fewer economic repercussions as uncertainty rises around delta variant
WEDNESDAY, JULY 28, 2021
Federal Reserve Chair Jerome Powell on Wednesday said that the delta variant of the coronavirus could have fewer implications for the economy, if it follows the pattern of past waves of covid surges.
Powell dashboard shows uneven recovery as Fed plots next steps
TUESDAY, JUNE 15, 2021
When Federal Reserve policymakers gather this week to discuss the U.S. economic recovery from the pandemic, theyll see a job market thats improving at a faster pace for some than for others.
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