With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current...
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Federal Reserve Chair Jerome Powell emphasized that additional positive economic data would boost confidence that inflation is moving towards the central bank's 2% target, noting recent readings show "modest further progress" on prices. In testimony prepared for a Senate hearing, Powell cautioned that lowering interest rates too little or too late could jeopardize the economy and labor market. He warned that reducing policy restraint prematurely could also hinder or reverse inflation progress.
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current...
Stock markets wobbled on Thursday (8/22) as investors anticipated a speech by US Federal Reserve (The Fed) Chairman Jerome Powell, with hopes he would...
Chair Jerome Powell announced that the Federal Reserve is ready to cut its key policy rate, confirming expectations that officials will start lowering...
The EURUSD rallied sharply after hitting a daily low of 1.110,5 as Federal Reserve Chairman Jerome Powell said, “the time has come for policy to...
I don’t want to alarm you, but the Labor Department revised downward its monthly payroll numbers over the past year by about 818,000 jobs:...
JACKSON HOLE, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key...
JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest...
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current...
JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest...
Chair Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin...