Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov. 14 at an event hosted by the Dallas Regional Chamber, the Federal Reserve Bank of Dallas and the World Affairs Council of Dallas/Fort Worth.
Fed's Powell: We have space to cut rates if needed
Federal Reserve Chair Jerome Powell said on Thursday at an event in Dallas that with the economy growing steadily, a strong job market, and inflation still above the 2% target, there’s no need for the central bank to hurry into cutting interest rates. Instead, he emphasised that they can take their time and make thoughtful decisions.
Federal Reserve Chair Jerome Powell still would rather not talk about such potential Donald Trump priorities as central bank ...
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
Fed chairman Jerome Powell addressed these concerns in a press conference following its first rate-cut announcement in ...
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Asian markets fluctuate at end of tough weekAsian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while ...
Powell also said it is too soon to say how policies of the incoming Trump administration would reshape economic prospects. Here is a transcript: JEROME H. POWELL: Good afternoon. My colleagues ...
“In the near term, the election will have no effects on our policy decisions,” said Jerome H. Powell. Follow our ...
Fed Chair Jerome H. Powell said in a news conference after the meeting that inflation has “eased significantly over the past two years” and that he was confident it would continue to do so ...
Federal Reserve Chair Jerome Powell is scheduled to speak on Thursday. (Alexandra Citrin-Safadi/WSJ) Reports on inflation ...
“The economy is strong overall,” said Jerome H. Powell, the Fed’s chair, at a news conference after a two-day meeting. “The labor market has cooled from its formerly overheated state and ...
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
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