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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. The decision comes after the administration ...
Federal Reserve Chair Jerome Powell offered what was perhaps a tell Wednesday on how top of mind the economic policies of President-elect Donald Trump are for monetary policy in 2025. The moment ...
It’s not the first time Fed officials have adjusted that protocol, a look at past Fed meeting schedules reveals. The Fed in November 2018 announced its interest rate decision on a Thursday to ...
Federal Reserve Powell Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, Dec. 18, 2024, in Washington. (AP Photo/Jacquelyn Martin)
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board Building Tuesday, Wednesday, July, 31, 2024. (Jose Luis Magana/AP)
Powell's remarks on Friday were reminiscent of those he delivered at Jackson Hole in 2022, in which the Fed chair offered a direct assessment of the economic outlook and, at the time, the need for ...
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 ...
Powell and other Fed officials say they want to begin cutting rates before inflation actually hits 2% since the impact of monetary policy takes time to reach the economy.