Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the labor market has cooled from its previously overheated state,
Carola Binder, an economics professor at UT Austin, says she doubts the upcoming framework review will be as seismic as the ...
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Grant Cardone Asks Why Powell Won't Cut Another 100 Points Now, Says Fed Is Scared To Reveal How Weak The Economy IsFED cuts and rest of the world follows. Cardone pointed out that if Fed Chair Jerome Powell plans to cut another 100 ...
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
Stocks, however, still posted overall wins for the week. The S&P 500 ( ^GSPC) ended the week up about 1.4%. The Dow Jones ...
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
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