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Fed Chair Jerome Powell holds press conference
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, its approach to considering further rate cuts at future meetings, and the outlook for the economy and inflation,
WATCH LIVE: Fed chairman holds press conference after interest rate cut
Federal Reserve Chairman Jerome Powell is speaking at a press conference right after a federal interest rate meeting. The Fed decided to lower interest rates by half a percentage point, the larger cut of the two options.
Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage point, or opt for a larger half-point cut. The tool estimated the probability of a half-point cut at 65% and the odds of a quarter-point cut at 35%.
1h
Fed’s big rate cut 'screams of interference' in election, Trump adviser says
Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...
2d
on MSN
The question the press should definitely ask Fed's Powell (but probably won't)
The monetary easing cycle in the U.S. almost certainly starts Wednesday and by the time Fed Chairman Jay Powell steps up to ...
IJR
13h
Fed Chairman Suggests ‘Influx’ Of Migrants Are Contributing To Rising Unemployment
Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on ...
18h
The Fed just convinced markets it's not behind the curve
The Fed eased any prevailing investor concerns that it's aggressively cutting interest rates because it believes an economic ...
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