Powell says Fed can take its time on rate cuts
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Policymakers will update their projections on the economy and rates at their next meeting in March. This month’s pause in rate cuts comes amid increasing uncertainty about how inflation will evolve.
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its ...
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
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Powell vs. markets: What to expect from Jerome’s speech as Fed’s two-day policy meeting ends todayThe Federal Reserve is widely expected to keep interest rates unchanged as its two-day policy meeting concludes on January 29 ...
Jerome H. Powell, the Fed chair, characterized policy settings as still “meaningfully restrictive,” suggesting that interest ...
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