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Apr 16, 2024 · Washington CNN — US stocks wavered Tuesday after Federal Reserve Chair Jerome Powell said a “lack of further progress” on inflation means the central bank likely won’t cut interest rates at its...
5 days ago · Kevin Lamarque/Reuters. Jerome H. Powell, the Federal Reserve chair, reiterated Tuesday that policymakers were poised to hold interest rates steady at a high level as they waited for evidence that ...
May 1, 2024 · Jerome Powell Photographer: Sarah Silbiger/Bloomberg. Key Events. May 1. Thanks for joining us. Here are five key takeaways from the FOMC interest rate decision and Federal Reserve Chair...
May 1, 2024 · “In recent months,” Chair Jerome Powell said at a news conference, “inflation has shown a lack of further progress toward our 2 percent objective.” “It is likely that gaining greater...
Jun 22, 2023 · (AP Photo/Mariam Zuhaib) Read More. By Paul Wiseman. 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.
Mar 6, 2024 · Updated 10:22 AM PDT, March 6, 2024. WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target.
