Search results
Results from the WOW.Com Content Network
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 ...
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 held a briefing Wednesday afternoon as the central bank was set to cut interest rates for a third time. The Fed first cut rates by half a point in September and ...
Powell, speaking in Dallas, said that inflation is edging closer to the central bank's 2% target, “but it is not there yet." “The economy is not sending any signals that we need to be in a ...
Despite the challenges, Powell struck a confident tone about the Fed's ability to bring inflation sustainably back to its 2% target. "We're not going to settle for anything less than 2%," Powell said.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
The briefing is slated for 2:30 p.m. ET. Watch the live video above. Federal Reserve Chairman Jerome Powell will on Wednesday afternoon hold a press briefing at which he is expected to announce a ...
Powell's comments recalibrated interest rate cut expectations in the market. According to the CME's FedWatch Tool, markets now see a 35% chance of a 50 basis point rate cut at the Fed's November ...