“The time has come for policy to adjust,” Fed Chair JeromeH. Powell said Friday, in his most anticipated speech of the year. “The direction of travel is clear.” Powell did not specify a ...
The Standard & Poor’s 500 rose 1.1% after Fed Chair JeromeH. Powell said in a highly anticipated speech that the time has come to lower the central bank’s main interest rate from a two-decade ...
Remarks by JeromeH. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...
JACKSON HOLE, Wyo. — Financial markets, economic officials, businesses and households nationwide are eager for any hints about when the Federal Reserve will ease up on the economy and cut ...
An interest rate cut at the Federal Reserve’s next meeting in September is likely, Fed Chair JeromeH. Powell signaled Aug. 23, as both inflation and the labor market continue to cool.