By Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming (Reuters) -Federal Reserve Chair Jerome Powell on Friday offered an ...
“The time has come for policy to adjust,” Fed Chair Jerome H. Powell said Friday, in his most anticipated speech of the year.
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest ...
18 decision, according to Hale, who says the Fed will remain data-dependent. "Chair Powell noted that the timing and pace of ...
Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates.
"The time has come for policy to adjust," Powell said in a highly anticipated speech to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming. "The direction of travel is clear ...
WASHINGTON — Federal Reserve Chair Jerome Powell all but proclaimed victory in the fight against inflation and signaled that ...
He gave no clues on how much the Fed would lower its key rate, but most forecasters expect a quarter-point reduction. “The time has come for policy to adjust,” Powell said Friday at the Fed ...
“The time has come for policy to adjust,” Mr. Powell said during the Kansas City Fed’s annual conference at Jackson Hole in Wyoming. “The direction of travel is clear, and the timing and ...
In conveying that the Fed is likely to start cutting its benchmark rate, Powell cited some weakening in the labor market, as well as progress in battling high inflation. A slowdown in hiring and ...
The Fed is widely expected to cut rates at its next meeting in September. Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates.
Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. "The time has come for policy to adjust," Powell said in his speech during the Kansas City Fed's ...