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Jerome Powell
US Economy
Powell says latest inflation data 'in line with expectations'
However, he adds it won’t be appropriate to lower rates until officials are confident inflation is on track toward their 2% goal.
March 29, 2024
US Economy
Fed pencils in three rate cuts in 2024, shallower path ahead
Officials decided unanimously to leave the benchmark federal funds rate in a range of 5.25% to 5.5%, the highest since 2001.
March 21, 2024
US Economy
US core inflation tops forecasts for a second straight month
The market reaction was choppy.
March 12, 2024
US Economy
Fed's Powell to double down on 'no rush to cut' message
The really good readings in the last six months may somehow turn out not to be a true indicator of where inflation is heading
March 03, 2024
US Economy
Powell tells ‘60 Minutes’ Fed is wary of cutting rates too soon
The Fed chief also said he didn’t expect policymakers to “dramatically” change their 2024 interest-rate forecasts.
February 05, 2024
Global Economy
Briefs: Fed's Powell cements pivot; MAS keeps policy settings; Singapore investment pledges halved to $12.7 bil
Quoteworthy: "I would block it instantaneously. Absolutely." - Donald Trump.
February 02, 2024
US Economy
Fed keeps rates steady while Powell says March cut unlikely
The S&P 500 fell 1.6%, the most since September
February 01, 2024
US Economy
Fed to begin rate cut discussions but avoid teeing first one up
The worst outcome would be for policymakers to lower rates and have to raise them again later if inflation moves higher
January 21, 2024
US Economy
Fed rate-cut pivot is welcome news for Biden, but carries pitfalls for Powell
The anticipated rate cuts 'could go a long way toward addressing voters’ discontent with Biden’s economy
December 17, 2023
US Economy
Fed pivots to rate cuts as inflation heads toward 2% goal
Policymakers are now turning their focus to when to cut rates
December 14, 2023