Fed Announces Big Rate Cut - The New York Times
WEB4 days ago · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell. The Fed’s decision ...
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
WEB4 days ago · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB4 days ago · Jerome H. Powell, the Fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an unusually large move.
Watch live: Chair Jerome Powell explains the Fed's decision for a …
WEB4 days ago · The Federal Reserve surprised Wall Street with a half-point rate cut on Wednesday, bringing its target range to 4.75% to 5%. Traders are awaiting further details from Fed Chair Jerome Powell, who ...
Fed Chair Powell Signals ‘Time Has Come’ for September Rate Cut
WEBAug 23, 2024 · Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.
Fed Chair Powell says September interest rate cut could be ‘on …
WEBJul 31, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday set the stage for the central bank’s first rate cut in four years, citing greater progress toward lower inflation as well as a cooler job market that no longer threatens to overheat the economy.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press …
WEB3 days ago · Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, its approach to considering further rate cuts at future meetings, and ...
The Fed is set to cut interest rates for the first time in 4 years
WEB3 days ago · The Federal Reserve cut its benchmark interest rate by an unusually large half-point, ... In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has before to declaring victory over inflation. “We know it is time to recalibrate our (interest rate) policy to something that’s more appropriate given the ...
How Jerome Powell Got The Fed To A Big Half-Point Cut
WEB4 days ago · The Federal Reserve cut rates by 50 basis points, or half a percent, on Wednesday, and ushered in a new phase of the economy where inflation is no longer the driving concern. But Jerome Powell ...
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell …
WEB3 days ago · Fed Chair Jerome Powell used his Wednesday afternoon press conference to explain the reasoning behind policymakers' decision to cut the central bank’s key interest rate by 50 points —a sharper ...