Federal Reserve, Jerome Powell
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the Federal Reserve cut interest rates by 50 basis points, which will lower mortgage costs.
Fed Meeting: Interest-Rate Decision, Economic Projections, Powell's Speech, and What Else to Expect
Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or inflation side of its dual mandate. The [ever-shifting odds](
Fed's Powell says immigration surge boosted unemployment rate
Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in the unemployment rate as they enter the labor market.
Federal Reserve's Powell backs Basel changes, says no date yet for publishing new draft
Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said he did not know when regulators would formally bless the new draft and that he hoped it would be finalized by the first half of 2025.
Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision as a group and then we announce it. That's always what it is,
Commercial Observer3h
Sunday Summary: This Is the Jerome Powell We’ve Been Waiting For!
CRE was overjoyed by the Federal Reserve's 50 basis point cut, Andy Jassy's return to work edict and some big Bronx sales.
Has Jerome Powell managed the impossible, or was it just luck?
Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...
Jerome Powell's Make-or-Break Moment
Federal Reserve Chair Jerome Powell has spent the past two years determined to beat inflation even if it resulted in ...
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...
BizPac Review3d
Powell’s Fed just made its fourth major mistake
Jerome Powell’s Federal Reserve just ended the inflation fight. But it is far too soon. This marks the fourth major mistake.
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, ...
Will U.S. return to easy money era?
The Federal Reserve delivered a gift to investors with a jumbo rate cut and the promise of more to come. But will rates ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...