An interest rate cut at the Federal Reserve’s next meeting in September is likely, Fed Chair JeromeH. Powell signaled Aug. 23, as both inflation and the labor market continue to cool.
JACKSON HOLE, Wyoming — US Federal Reserve Chair JeromeH. Powell made it clear on Friday the US central bank would not shy away from pivoting to interest rate cuts in the final weeks of a ...
But rates could come down as inflation cools. JeromeH. Powell, the Federal Reserve chair, suggested an interest rate cut could be on the horizon after the central bank held rates steady at its ...
Remarks by JeromeH. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...
Two years later, the focus has changed again – this time to protecting the job market, as outlined in Fed Chair JeromeH. Powell’s speech on Friday at the US central bank’s annual Jackson Hole ...
“The time has come for policy to adjust,” Fed Chair JeromeH. Powell said Friday, in his most anticipated speech of the year. “The direction of travel is clear.” Powell did not specify a ...