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Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. ... Powell is scheduled to speak at 2:30 p.m ...
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making it clear the central bank is not "in a hurry" to lower interest rates.
Today’s the day: The Federal Reserve is about to announce what it decided to do with interest rates at its November meeting. We already know what the Fed is likely to do: Cut interest rates by a ...
WFederal Reserve Chairman Jerome Powell arrives to speak at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building ...
“With today’s action, we have lowered our policy rate by a full percentage point from its peak, and our policy stance is now significantly less restrictive,” Powell said.
Speaking at a press conference Thursday to discuss the Fed's move today to cut its benchmark interest rate by 0.25 percentage points, Powell added that it is not permitted under the law for ...
Powell, speaking in Dallas, said that inflation is edging closer to the central bank's 2% target, “but it is not there yet." ... USA TODAY. Julian Lennon undergoes surgery after skin cancer ...
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...