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August 23, 2024 at 6:25 AM. Federal Reserve Chair Jerome Powell is slated to deliver a high-profile speech in Jackson Hole, Wyo., Friday morning about how the central bank sees the economy and ...
Powell declares victory over inflation. “My confidence has grown that inflation is on a sustainable path back to 2%,” Powell said in his keynote speech at the Fed’s annual economic ...
Updated August 23, 2024 at 3:56 PM. / Getty Images. Federal Reserve Chair Jerome Powell said "the time has come" for the central bank to adjust its monetary policy, signaling that rate cuts could ...
Powell declares victory over inflation. “My confidence has grown that inflation is on a sustainable path back to 2%,” Powell said in his keynote speech at the Fed’s annual economic conference in Jackson Hole. He noted that inflation, according to the Fed's preferred gauge, had fallen to 2.5% last from a peak of 7.1% two years ago.
August 23, 2024 at 11:11 AM. Federal Reserve Chair Jerome Powell signaled Friday that interest rate cuts are coming soon. "The time has come for policy to adjust," Powell said in his speech during ...
“The time has come for policy to adjust,” Fed Chair Jerome Powell said in prepared remarks for his keynote speech at an annual gathering of central bankers and economists in Jackson Hole ...
02:16. Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future in response to slower economic growth and cooling inflation. At a ...
Jackson Hole speeches aren’t just talk. Last year, investors interpreted Powell’s Jackson Hole remarks as a sign that the Fed was done hiking rates, despite Powell saying it could still happen ...