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Powell Defends 50 Point Rate Cut
Fed’s Jerome Powell admits ‘we might well have’ cut rates in July if it knew about jobs report
“We didn’t make that decision, but you know, we might well have.”
Powell
, however, said the policy decision announced by the
Fed
on Wednesday does not mean it is behind the curve; rather, he said, it is a commitment not to be. Jerome
Powell
’s
Fed
...
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.
Fed chief Powell rates high on messaging
Experts give their 2 cents on how well the chief communicates with the public about the Fed's interest rate policy.
4h
on MSN
Fed’s Powell Isn’t Dovish or Hawkish. He’s Bullish.
After a jumbo September rate cut, officials predict a continued economic growth and a gradual decline in interest rates.
3h
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 ...
8h
Fed's Powell: Central bank forecasts don't point to urgent action
Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't ...
1d
on MSN
The Fed and chair Powell are 24 hours away from making market-moving news. Here’s what to expect
Tomorrow afternoon Federal Reserve chair Jerome Powell will hold a press conference following the central bank's Federal Open ...
7h
on MSN
Stocks Rise After Big Fed Cut With Powell in Focus: Markets Wrap
Stocks rose after the Federal Reserve’s decision to cut rates by a half-point, with traders now shifting gears to Jerome ...
9h
Fed Bowman's dissent is first from Fed governor since 2005
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision ...
1d
on MSN
Sen. Warren tears into Fed while doubling down on calls for massive rate cut: 'Putting the economy at risk'
Massachusetts Sen. Elizabeth Warren criticized Federal Reserve Chair Jerome Powell for "putting our economy at risk" by ...
2d
on MSN
Wall Street could be in for a bumpy week if Fed Chair Powell doesn’t strike the right balance
"Overall inflation data has been good enough to allow the Fed to start cutting rates this week amid a softening labor market, ...
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