Speech by Chair Powell on the economic outlook - Federal …

Nov 14, 2024 · Interest Rates. Selected Interest Rates - H.15; Micro Data Reference Manual (MDRM) ... At Conversation with Federal Reserve Chair Jerome Powell, Dallas, Texas. Share. Watch Live. ... This cooling and the substantial improvement in broader supply conditions have …

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Powell Says No Need For Fed To Rush Rate Cuts Given Strong Economy

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Nov 14, 2024 · Ongoing economic growth, a solid job market, and inflation that remains above its 2% target mean the Federal Reserve does not need to rush to lower interest rates, Fed Chair …

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Jerome Powell Speech: Fed May Lift Interest Rates Again ... - USA …

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Dec 1, 2023 · Since early last year, the Fed has hoisted its key short-term interest rates from near zero to a range of 5.25% to 5.5%, its most aggressive such campaign in four decades, to …

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FAQs about Speech by Chair Powell on the economic outlook - Federal … Coupon?

What did Jerome Powell say about the FED's rate decision?

Here are five key takeaways from Wednesday’s Federal Open Market Committee rate decision and Federal Reserve Chair Jerome Powell’s press conference: The Fed raised rates by a quarter percentage point to a range of 5%-5.25% and said it would pivot to making decisions on a meeting-by-meeting basis, opening the door to a pause after this. ...

Why did Jerome Powell make no changes to interest rates?

That decision ensures money markets don’t experience an episode of volatility and stress as seen in September 2019, Powell noted. The Federal Reserve’s policy committee made no changes to the current benchmark interest rate today, holding steady even after acknowledging progress on inflation has stalled. Chairman Jerome Powell is speaking now. ...

What time is Fed Chair Jerome Powell speaking?

Fed Chair Jerome Powell is set to speak at 2:30 p.m. ET. Watch live here. The news conference will follow the central bank's latest interest-rate decision, set for 2 p.m. ET. Read more here on what to expect from the Journal's Nick Timiraos. Already a WSJ subscriber? Sign in Fed Chair Jerome Powell is set to speak at 2:30 p.m. ET. Watch live here. ...

What did Jerome Powell say about the economy?

Follow along to MarketWatch's coverage of the Federal Reserve interest-rate decision and Jerome Powell press conference. Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of high prices." The economy and inflation were the top concerns of swing voters in the presidential election. ...

What did Powell say about interest rates?

Powell's comments on the outlook for rates came as he described the U.S. economy's performance as "remarkably good," noting the labor market remains in solid condition but is no longer a source of significant inflationary pressures. ...

Why does Powell think the Fed is important?

Under questioning, Powell also explained why he considers the Fed’s role as an independent federal agency to be crucial to its ability to fight inflation. During his first term, Trump threatened to try to fire Powell for not cutting interest rates. ...