The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Fed Chair Powell indicates no hurry to lower interest rates, emphasizing a careful and data-driven approach amid economic ...
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
The central bank has lowered interest rates by 0.75-point since September.
Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...