Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the labor market has cooled from its previously overheated state,
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.
How Low Might Mortgage Rates Go As The Fed Cuts Interest Rates?
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s approaching 6%.
Why Fed rate cuts may juice the stock market and your 401(k)
The Fed's interest rate cuts should continue to fuel the stock market as long as the economy avoids recession, experts say. But stocks are overvalued.
Goldman Sachs shifts view on economy, Fed rate cuts
The median forecast of Fed officials calls for about another half-point of easing this year and another full point next year. Falling rates have mixed implications for you. On the plus side, they mean lower payments on your mortgage,
Wall Street ends higher after Fed policymakers back rate cuts
U.S. stocks closed modestly higher today as investors assessed whether a trend will develop in the week following the Federal Reserve’s rate cut.
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What to expect when you’re expecting a Fed framework review
Carola Binder, an economics professor at UT Austin, says she doubts the upcoming framework review will be as seismic as the ...
Intelligencer on MSN6d
How Jerome Powell Got The Fed To A Big Half-Point Cut
Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or ...
Fed's Powell says balance sheet drawdown continues amid rate cuts
Federal Reserve Chair Jerome Powell said on Wednesday still strong levels of liquidity in the financial system will allow the ...
Fed is more worried about labor market than Powell let on, William Dudley says
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...
Marketplace6d
Fed chief Powell rates high on messaging
Experts give their 2 cents on how well the chief communicates with the public about the Fed's interest rate policy.