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Jerome Powell Got The Fed To A Big Half-Point Cut
Biden falsely claims he's never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 meeting with Jerome Powell.
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see unemployment go up,” Powell said, answering a question about the
1d
Powell Doesn’t See Signs of Recession Risk in US Economy
Fed watchers are uncertain about whether the FOMC will cut by a quarter or half percentage-point in part because, as Chris ...
1d
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
1d
Federal Reserve's Powell backs Basel changes, says no date yet for publishing new draft
Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...
1d
Fed Opts for Outsize Cut as Powell Seeks to Ensure Soft Landing
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
SouthFlorida Reporter
7h
The Fed Has Set Out On A ‘Recalibration’ Of Policy. Here’s What Powell’s New Buzzword Means (Video)
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
22h
on MSN
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
WBUR
21h
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
1d
Why The Fed’s Lower Rates Will Boost Small Business Earnings
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
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