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At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly said officials can afford to “wait and see” how the effects of the tariffs play out and ...
And Powell wouldn’t reaffirm Fed officials’ March estimate of two rate cuts in 2025, Feroli said. Powell’s reluctance to delve too deeply into a rate-cut roadmap is understandable.
Federal Reserve Chair Jerome Powell said the U.S. central bank remains on track to cut interest rates later this year so long as inflation continues to fall. In an interview with CBS' "60 ...
In a speech earlier this week, Fed Governor Christopher Waller said he believes there’s still a good chance officials can cut the central bank’s key interest rate later this year.
Powell says Federal Reserve can wait on any interest rate moves The sharp volatility in financial markets has led to speculation about whether the Fed would soon cut its key ...
Federal Reserve Chair Jerome Powell said Monday that policymakers will not wait until inflation falls to 2% in order to cut interest rates. "The implication of that is that if you wait ...
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday ...
At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly said officials can afford to “wait and see” how the effects of the tariffs play out and ...