The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Fed turns focus toward bolstering economy with obstacles ahead
The Federal Reserve is moving onto its next mission after the first rate cut since ratcheting them up to tame the rate of ...
Business Insider16d
Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Fed's interest-rate hikes actually worsened inflation, said Nobel-winning economist Joseph Stiglitz. He called for the Fed to cut rates by 50 basis points in September. Higher rates ...
The Baltimore Sun17d
Federal Reserve Chairman Jerome Powell’s path to interest rate cuts
Federal Reserve Chairman Jerome ... to Powell at the end of July. For her part, Warren has been the most aggressive, often haranguing the chairman during Senate hearings about rate hikes.
CoinTelegraph18d
US Fed rate cut could push Bitcoin down 20% — Analysts
18, and the market sentiment is optimistic that it will lower rates after dovish comments from Fed Chair Jerome Powell in August saying that “the time has come.” Investors often view perceived ...
Reuters19d
Fed policymakers agree on need for rate cuts, but their reasons vary
most U.S. central bankers didn't see an interest rate cut in the cards at their Sept. 17-18 meeting. By the end of last month, when Federal Reserve Chair Jerome Powell said it was time to start ...
Domain-b20d
Fed chairman Jerome Powell hints at a likely US recession in 2025
Jerome Powell, chairman of the board of US Federal Reserve, said during a news conference. He said the Fed has taken note of this and has signaled likely cuts in interest rates to pump prime the ...
KSAT20d
The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering
WASHINGTON – When Jerome Powell delivered a high ... economic symposium in Jackson Hole, Wyoming, Powell underscored how the Fed's sharp rate hikes succeeded much more than most economists ...
The Australian21d
Reserve Bank ‘smashing the economy’ via rate hikes, Jim Chalmers declares
Picture: NewsWire / Martin Ollman ... meets on September 23-24 – would follow the lead of Fed chair Jerome Powell and cut the cash rate this year. “We’re not yet as confident, as Jay is ...
USA Today21d
The Fed is set to cut rates, but what does it mean for car loans?
It even fell down from there to 3.86% in January 2022, before the Federal Reserve rolled out its first rate hike in March 2022, according to data from Bankrate.com. Now, the average five-year rate ...
The Financial Express21d
US Fed Rate Cut Ahead: What it means for the global economy and markets?
Jerome Powell, the Chair of the Federal Reserve, has hinted at the need for rate cuts, citing a significant cooling of inflation and the labour market. Over the past year, the unemployment rate ...