Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions.

BING NEWS:
  • Federal Reserve Takes Cautious Stand On Inflation, Powell Signals Preference For Rate Cuts Over Hikes
    Federal Reserve Chairman Jerome Powell‘s Wednesday remarks hint at a more patient and cautious approach to monetary policy, suggesting interest rates may hold steady longer than anticipated. During ...
    05/2/2024 - 2:45 am | View Link
  • Fed’s Beige Book finds steady economic growth but little progress in reducing inflation
    Fed Chair Jerome Powell and others have signaled ... contacts expected that inflation would hold steady at a slow pace moving forward,” the Beige Book said. The rate of inflation rose at a ...
    04/17/2024 - 9:26 am | View Link
  • Morning Bid: Blunt Powell signals rate cut plans on ice
    Fed futures are taking the message on board, with as little as 40 basis points of easing now priced for the whole year - less than two quarter-point cuts. Uncertainty about any rate cut before ...
    04/16/2024 - 10:10 pm | View Link
  • Fed's Powell: Elevated inflation will likely delay rate cuts this year
    WASHINGTON (AP) — Federal Reserve Chair Jerome Powell ... rate hikes beginning two years ago. Jefferson said he expected inflation to continue to slow this year with the Fed’s key rate “held ...
    04/16/2024 - 8:09 am | View Link
  • Fed's Powell says inflation data this year shows a 'lack of progress'
    Federal Reserve Chair Jerome Powell on Tuesday ... to hold rates steady at a range of 5.25% to 5.5%, the highest level in 22 years. Officials also signaled that three rate cuts are still likely ...
    04/16/2024 - 6:58 am | View Link
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