Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov. 14 at an event hosted by the Dallas Regional Chamber, the Federal Reserve Bank of Dallas and the World Affairs Council of Dallas/Fort Worth.
Fed's Powell: We have space to cut rates if needed
Federal Reserve Chair Jerome Powell said on Thursday at an event in Dallas that with the economy growing steadily, a strong job market, and inflation still above the 2% target, there’s no need for the central bank to hurry into cutting interest rates. Instead, he emphasised that they can take their time and make thoughtful decisions.
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Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point ...
“In the near term, the election will have no effects on our policy decisions,” said Jerome H. Powell. Follow our ...
Federal Reserve Chair Jerome Powell is scheduled to speak on Thursday. (Alexandra Citrin-Safadi/WSJ) Reports on inflation ...
“The economy is strong overall,” said Jerome H. Powell, the Fed’s chair, at a news conference after a two-day meeting. “The labor market has cooled from its formerly overheated state and ...
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
US stocks slipped on Thursday as the post-election rally paused. Investors assessed the impact of a Republican sweep of political power and awaited a Jerome Powell speech to set the tone on interest ...
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