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Fed will do what it takes to keep economy 'in solid shape'
Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming
Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy. Wall Street investors and economists are weighing whether the Fed will follow its larger-than-usual half-point cut made earlier this month with another hefty reduction at either of its upcoming meetings in November or December.
Powell says U.S. economy is in ‘solid shape’ and the Fed intends to keep it that way
The Fed chair said the surprise half-point cut in the central bank’s policy rate earlier this month was a sign of confidence in the economy and labor market.
Fed’s Powell Speaks at NABE Conference
Powell is speaking at the 66th annual gathering of the National Association for Business Economics, in Nashville this year. Fun fact: Alan Greenspan was president of NABE many years before taking the helm of the Fed.
Dow falls over 100 points as Powell remarks on economy
Toronto stocks fall ahead of Fed's Powell comments
Canada's main stock index fell on Monday, hurt by mining stocks, as investors awaited the Federal Reserve Chair Jerome Powell's speech later in a day to get clues on U.S. policy outlook. The Toronto Stock Exchange's S&P/TSX composite index was down 0.
Stock Market Today: Dow falls over 100 points as Powell remarks on economy
An unusual pattern that emerged in the stock market last week suggests traders scooped up protection that would buffer their portfolios from another market-shaking selloff in October, according to a report from Cboe Global Markets shared with MarketWatch on Monday.
Stock Market News: Dow Set to Open Down Ahead of Fed's Powell's Speech
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Monday as the stock market braces for comments from Federal Reserve Chair Jerome Powell
Axios
15m
Powell says the Fed is not on a "preset course" to lower interest rates
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor ...
18m
Powell Says Fed Will Move ‘Over Time’ to More Neutral Stance
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that ...
1h
Fed's Powell says rates will 'over time' reach neutral level, not on preset course
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
1h
What The Latest Fed Decision Means For Businesses And The Economy
The latest decision by the Federal Reserve to cut interest rates marks a significant turning point for the U.S. economy.
12h
USD/CHF holds above 0.8400 as traders await Fed’s Powell speech
Rising bets of further jumbo Fed rate cuts and the ongoing geopolitical tensions in the Middle East might weigh on the pair.
1d
Powell Speech and Jobs Data to Help Clarify Fed Rate Path
The appetite of Federal Reserve policymakers for another large interest-rate cut in November may come into better focus in ...
1d
A researcher who studied Trump's plans to control the Fed said it could tank the economy
Economists at a top think tank found Trump's threat to undermine the Fed would lower GDP, raise inflation, and cause capital ...
3d
on MSN
Fed seen cutting rates another 50 bps in November
Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a ...
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