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Jerome Powell Got The Fed To A Big Half-Point Cut
Jerome Powell was clear: Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision as a group and then we announce it. That's always what it is,
Why Jerome Powell says the Fed alone can’t fix the broken housing market
According to Powell, "The real issue with housing is that we have had, and are on track to continue to have, not enough housing."
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 would he go big with a double-sized cut, signaling that the economy might be deteriorating faster than expected?
Opinion
CoinDesk
1h
Opinion
The Fed Pivot is Finally Here
Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong ...
6d
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, ...
5d
on MSN
Fed's Powell says immigration surge boosted unemployment rate
Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in ...
Marketplace
6d
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.
6d
Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
19h
on MSN
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.
Marketplace
19h
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 ...
6d
on MSN
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
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