Powell Says Recession Risk Gone, but Housing Inflation Will Persist for ‘Some Years’
After more than two years of heavy-handed rate-raising by the Federal Reserve, which was largely responsible for putting the brakes ...
Tag: Jerome Powell
Fed Makes Aggressive Interest Rate Cut
The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of ...
Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September
Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to ...
Fed Holds Steady, Eyeing September Rate Cut
Unsurprisingly, Federal Reserve (Fed) officials made the decision not to cut interest rates yesterday afternoon, despite indicators that the economy ...
Fed Chair Powell: We Don’t Have to Wait for 2% Inflation to Drop Rates
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal ...
Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about ...
Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation ...
Fed Chair: ‘No Hurry to Cut’ Rates Until There’s Sustained Progress on Inflation
Getting inflation under control remains priority No. 1 at the Federal Reserve. New inflation data out Friday shows that U.S. ...
Fed Chair Powell Affirms Rate Cuts Are Coming This Year as U.S. Moves Closer to 2% Inflation Goal
Federal Reserve Chair Jerome Powell on Wednesday signaled that rate cuts are coming this year, sticking to the Fed’s cautious ...
Fed Requires ‘Continuing Evidence’ of Inflation Decrease Before a Rate Cut
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is ...
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