She is the Economics Editor for news at Investopedia. Shelby Tauber / Bloomberg via Getty Images Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last ...
Federal Reserve Chair Jerome Powell said Thursday that the central bank's policymakers aren't in a rush to reduce interest rates to the so-called "neutral rate" and feel comfortable making ...
(Photo: Reuters) The US Federal Reserve does ... and inflation that remains above its 2% target, said Fed Chair Jerome Powell. According to Powell, the Fed policymakers believe inflation is ...
“And based on the concept of forward guidance, no one is really going to care what Jerome Powell has to say anymore.” Bessent later told the Wall Street Journal he no longer thought the idea ...
Federal Reserve Chairman Jerome Powell said Thursday that the central bank isn't in a hurry to cut interest rates further. During a speech in Dallas, Powell said that inflation is getting closer ...
By Jeanna Smialek Jerome H. Powell, the chair of the Federal Reserve, said that a solid economy with low unemployment, robust consumer spending and strengthening business investment gave the ...
Federal Reserve chair Jerome Powell on Thursday said: ‘The economy is not sending any signals that we need to be in a hurry to lower rates’. Photo / Getty Images Jerome Powell backed a gradual ...
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then. Would Trump try again in a second term? Trump believes the president ...
On Friday, the billionaire Elon Musk endorsed a suggestion to let the president control the Federal Reserve, which is run by Jerome Powell. The Fed's mandate is to maintain the stability of the US ...
(Reuters) - Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026.
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. Powell said ...