new video loaded: Federal Reserve Cuts Interest Rates for the First Time in Four Years transcript JeromeH. Powell, the Fed chair, said that the central bank would take future interest rate cuts ...
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 ...
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair JeromePowell said Wednesday.
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.
The Standard & Poor’s 500 rose 1.1% after Fed Chair JeromeH. Powell said in a highly anticipated speech that the time has come to lower the central bank’s main interest rate from a two-decade ...