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Jerome Powell Got The Fed To A Big Half-Point Cut
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Jerome Powell's Make-or-Break Moment
Federal Reserve Chair Jerome Powell has spent the past two years determined to beat inflation even if it resulted in recession. Now he’s on the brink of winning the battle without bringing down the economy,
Fed Chair Jerome Powell Announces Major Rate Cut as U.S. Inflation Drops Sharply; What Now?
With inflation now at 2.2%, Fed Chair Jerome Powell announced a significant interest rate cut. What’s next for the U.S. economy?
23h
on MSN
Fed Chair Powell: Housing inflation is the one area that is 'dragging a bit'
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing that the Central Bank has lowered ...
23h
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, ...
New York Post on MSN
21h
Fed slashes interest rates by half a percentage point in bid to curb inflation without causing recession
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
2h
on MSN
The Fed has set out on a ‘recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Crypto Briefing
22h
Powell downplays recession concerns amid solid economic growth
Fed Chair Jerome Powell remains optimistic about the US economy, citing solid growth and controlled inflation.
2d
Jerome Powell appears set to sidestep politics even as he oversees a likely central bank rate cut
Jerome Powell is set to take plenty of incoming political fire from both sides this week. That appears to be just fine with ...
2d
The Fed and chair Powell are 24 hours away from making market-moving news. Here’s what to expect
"The equity markets have remained resilient, particularly favoring value and dividend-paying stocks this quarter. This ...
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