Fed chief Powell's candid words revamp interest rate cut bets
Will the Fed change interest rates? When and, if so, by how much? 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The FOMC indeed held a two-day meeting, which ended Wednesday,
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
Powell Says Fed Is Meaningfully Above Neutral Rate
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a full percentage point in the final months of 2024. Whe
What Time Is the Fed's Interest-Rate Decision Today—and How to Watch Jerome Powell's Speech
The first Federal Open Market Committee meeting of 2025 is here. The Federal Reserve's policymaking arm concludes its two-day meeting that began on Tuesday and delivers a decision on interest rates later today.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,
Jerome Powell says the Fed is in no hurry to adjust rates
Federal Reserve Chair Jerome Powell said the central bank is in no hurry to adjust its policy stance. What we know about the passenger plane collision near Washington, DC I Asked 4 Chefs the Best Way To Cook Steak—They All Said the Same Thing Boat packed with migrants intercepted amid Trump's mass deportation effort I moved from the US to Rome for a slower pace of life,
Pressure on rupee to linger after Fed signals no hurry to cut rates
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest rates unchanged and Chair Jerome Powell said there would be no rush to cut them again.
Stocks don’t need another Fed rate cut as much as they need this right now
Fed Chair Jerome Powell said the central bank does “not need to be in a hurry,” in an afternoon press briefing, adding that its policy stance is well-calibrated for the times.
Powell holds interest rates — and his ground: Morning Brief
During the disorienting flurry of Trump's executive orders, Fed Chair Powell issued an edict of his own. He's defending the ...
Powell Says He Hasn’t Had Contact With President Trump
President Donald Trump has called out the Federal Reserve in recent weeks, urging the central bank to continue cutting ...
Powell takes wait and see approach on interest rates — drawing angry response from Trump
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...
Bitcoin Extends Advance After Fed Meeting, Powell Commentary
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and ...
Powell Says There Is No ‘Hurry’ to Adjust Policy Stance
Jerome H. Powell, the Fed chair, characterized policy settings as still “meaningfully restrictive,” suggesting that interest ...
Fed Meeting Today Live: The FOMC is Struggling With More Uncertainty Than Usual, Chair Powell Says
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
When Glen Powell Almost Died While Filming This Cliffside Scene With Sydney Sweeney
Glen Powell risked more than just his dignity filming Anyone But You. Read on to learn more about how he risked his life ...