Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Stay informed on the latest insights from Federal Reserve Chair Jerome Powell and their impact on the financial markets.
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During a speech in Dallas, Federal Reserve Chair Jerome Powell said that inflation is getting closer to the Fed's 2 percent ...
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
Photo: Brian Snyder/Reuters Federal Reserve Chairman Jerome Powell is sticking with his view that inflation is all but vanquished. The interest-rate cut he delivered Thursday marks a gamble that ...
Federal Reserve Chairman Jerome Powell is sticking with his view that inflation is all but vanquished. The interest-rate cut he delivered Thursday marks a gamble that he won’t need to raise ...
In 2022, Powell got labeled “behind the curve” for having kept interest rates near zero in 2021 even as inflation was starting to rise. This year, he was lambasted for being behind the curve ...
Powell: "The right way to find neutral is carefully, patiently." He says the Fed is prepared to adjust its assessments of the appropriate pace and destination for rates as the outlook evolves.
Traders also believe Trump's second term could boost the economy, and the rise in yields reflect both the higher inflation and growth expectations. Fed chair Jerome Powell addressed the rise in ...