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1. www.npr.org › 2024/05/01 › 1248454950Fed keeps interest rates at 23-year high : NPR

   www.npr.org › 2024/05/01 › 1248454950

   May 1, 2024 · Fed chairman Jerome Powell said it's unlikely that the central bank will have to raise interest rates higher to bring inflation under control. "My expectation is that we will, over the...

2. www.nytimes.com › 2023/06/21 › businessPowell Tells Congress to Expect Interest Rates to Rise Again ...

   www.nytimes.com › 2023/06/21 › business

   Jun 21, 2023 · June 21, 2023. Jerome H. Powell, the chair of the Federal Reserve, told House lawmakers that the United States remains a “long way” away from low and stable inflation even 15 months into the...

   • Author: Jeanna Smialek

   • Video Duration: 41 sec

3. People also ask

   Why did Jerome Powell voted to keep interest rates steady?

   • Federal Reserve chairman Jerome Powell and his colleagues voted to hold interest rates steady at a 23-year high on Wednesday. The central bank is trying to curb stubborn inflation. The Federal Reserve voted to keep interest rates at a 23-year high on Wednesday, as the central bank tries to curb stubborn inflation.

   Fed keeps interest rates at 23-year high : NPR

   www.npr.org/2024/05/01/1248454950/federal-reserve-inflation-interest-rates

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   What did Powell say about today's rate move?

   • While today’s vote was unanimous, Powell notes that there “was a range of views” among the participants. It will be interesting to see the Fed’s minutes three weeks from now, when we’ll get more insight into what the various officials were thinking about today’s rate move.

   Federal Reserve Meeting Fed Raises Rates Again

   www.nytimes.com/live/2023/07/26/business/fed-interest-rates

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   What did Powell say about the Fed's next steps?

   • Jerome H. Powell, the Fed chair, explained the move in a news conference, but offered few hints about how the central bank was thinking about its next steps. Fed policymakers began to raise rates from near-zero in March 2022 and pushed them up rapidly last year before adjusting them more slowly in 2023, even pausing in June.

   Federal Reserve Meeting Fed Raises Rates Again

   www.nytimes.com/live/2023/07/26/business/fed-interest-rates

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   What did Powell say about a rate hike?

   • The FOMC kept rates unchanged for a sixth straight meeting. Powell said it will take longer than expected to become confident about returning inflation to the Fed’s 2% goal, essentially ruling out a rate cut in the near term. “We can be patient,” he said. Importantly, his comments seemed to close the door on a rate hike as well.

   Live: Analysis of Fed Rate Decision, Powell News Conference

   www.bloomberg.com/news/live-blog/2024-05-01/fomc-rate-decision-and-fed-chair-news-conference

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4. www.bloomberg.com › news › live-blogFed Meeting Today: Live Analysis on Interest Rates, Powell ...

   www.bloomberg.com › news › live-blog

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   May 1, 2024 · economics Closed May 1, 2024. Powell Says Election Plays No Role in Rate-Move Timing. Fed holds rates steady, citing lack of inflation progress. Central bank to slow balance-sheet runoff...

5. apnews.com › article › federal-reserve-interestFed's Powell reinforces likelihood of more rate hikes because ...

   apnews.com › article › federal-reserve-interest

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   Jun 22, 2023 · Published 9:28 AM PDT, June 22, 2023. WASHINGTON (AP) — Chair Jerome Powell reiterated Thursday that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.

6. Videos

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     2:23:31

     youtube.com

     Powell Signals Fed Will Raise Rates If Needed

     Aug 25, 2023

     73.7K Views

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     1:28

     youtube.com

     Powell: Rates unchanged but Fed is prepared to raise them

     Sep 20, 2023

     970 Views

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     49:27

     facebook.com

     WATCH LIVE: Powell holds news briefing as Federal Reserve expected to raise interest rates

     Jul 26, 2023

     2.7K Views

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7. www.cnn.com › 2024/03/20 › economyKey takeaways from the Fed’s rate decision and Powell ... - CNN

   www.cnn.com › 2024/03/20 › economy

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   Mar 21, 2024 · The Fed has raised rates aggressively over the past two years in a bid to fight the highest inflation in decades. But while Americans continue to deal with high interest rates and...

8. www.nytimes.com › 26 › businessFederal Reserve Meeting Fed Raises Rates Again - The New York ...

   www.nytimes.com › 26 › business

   Jul 26, 2023 · Elizabeth Warren urges Jerome Powell not to raise interest rates. With the Federal Reserve poised to raise interest rates to the highest level in 22 years on Wednesday, Senator Elizabeth Warren...

9. www.usatoday.com › story › moneyJerome Powell's fed speech today brought interest rate ...

   www.usatoday.com › story › money

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   Nov 9, 2023 · USA TODAY. 0:00. 2:42. More interest-rate hikes are still a possibility to bring inflation under control, Fed chair Jerome Powell said Thursday. In a dramatic campaign to tamp down inflation,...