Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
If inflation resurfaces because of the incoming administration's policies, the Fed’s likely to stay its hand in lowering ...
In 2022, Powell got labeled “behind the curve ... But the combination of demand-boosting stimulus and the Fed keeping interest rates low obviously contributed to the problem.
This inaction followed the Fed’s accommodation of trillions of dollars of fiscal stimulus earlier in the Biden administration. The Powell Fed didn’t begin to raise rates until consumer price ...
FOMC reduced the Federal Funds Rate by 25 basis points, signaling a dovish stance and belief in the soft landing narrative.
Powell indicated that as long as encouraging disinflation trends persisted the Fed would continue a gradual process of ..
That Fed head Jay Powell went out of his way at his last ... Consumer spending, aided by big government stimulus, is holding up the economy, but the Fed's stated reason for their mega rate cut ...
Jerome Powell, the US Fed chair, suggested during a news conference that the ... When it got over later Friday, the ...
Hopes of a Beijing stimulus package supported a bullish ... ECB President Lagarde’s comments followed two days of hawkish Fed Chair Powell testimony and the BoE’s surprise 50-basis point ...
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Asian markets struggle to maintain momentum after Fed cutAsia's markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record ...
He mentioned Fed Chair Powell’s resistance to providing overly specific future ... In September, hopes rose for major ...
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