Fed's Powell puts September rate cut on table as US inflation cools
Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected
Staff Writer
Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected
Decisions by major central banks this week brought the end of pandemic-era monetary policy into closer view, but also highlighted
Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of
Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S.
Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring
Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job
As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the
Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central bank would not shy away from pivoting to interest rate cuts in the
The imminent rate cuts planned by the U.S.
The Bank of Japan can raise interest rates gradually as heightening inflation expectations leave further scope to normalise its
The Federal Reserve's credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but it had to
Brazil's central bank chief said on Saturday that discussing monetary policy transmission will become increasingly difficult without addressing
Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global
In 2022, when the Federal Reserve's focus shifted to combating inflation, it had to ratchet up interest rates fast to get monetary policy caught up
The "low-hiring, low-firing" approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond Federal Reserve
As recently as two and a half months ago, most U.S. central bankers didn't see an interest rate cut in the cards at their Sept. 17-18 meeting.
Rose Joseph and Banal Oreus followed different paths from Haiti to this struggling Midwestern industrial city that suddenly finds itself at the center
The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures
The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point
The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage point, laid out on Friday the
Even before the Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets had begun making
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