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Jerome Powell Got The Fed To A Big Half-Point Cut
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses.
Fed Chair Jerome Powell Announces Major Rate Cut as U.S. Inflation Drops Sharply; What Now?
With inflation now at 2.2%, Fed Chair Jerome Powell announced a significant interest rate cut. What’s next for the U.S. economy?
23h
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, ...
23h
on MSN
Fed Chair Powell: We don't need to see further loosening in the labor market to get inflation to 2%
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing that the Central Bank has lowered ...
19h
Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
2d
Jerome Powell appears set to sidestep politics even as he oversees a likely central bank rate cut
Jerome Powell is set to take plenty of incoming political fire from both sides this week. That appears to be just fine with ...
1d
Jerome Powell's Make-or-Break Moment
Federal Reserve Chair Jerome Powell has spent the past two years determined to beat inflation even if it resulted in ...
2d
Why Jerome Powell Can’t Escape The Election
The outcome of an election is a data point — more lasting than this month’s jobs numbers or inflation report — that provides a signal of where the country is headed.
1d
Revisiting Fed Chair Powell's remarks on immigrants in Springfield, Ohio — and their impact on the economy
Jerome Powell is unlikely to weigh in on baseless charges of Haitian immigrant pet eating this week but the Fed chair has ...
The New Yorker
3d
How Inflation Fooled Almost Everybody
With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...
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