Jerome Powell indicates Fed won't wait until inflation is down to …
WEBJul 15, 2024 · Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at the Economic Club of Washington D.C., Powell...
Speech by Chair Powell on the economic outlook - Federal …
WEBAug 23, 2024 · By early 2022, headline inflation exceeded 6 percent, with core inflation above 5 percent. New supply shocks appeared. Russia's invasion of Ukraine led to a sharp increase in energy and commodity prices.
Key takeaways from Fed Chair Powell’s testimony on Capitol Hill
WEBJul 9, 2024 · Inflation has come a long way since reaching a four-decade peak two years ago, Federal Reserve Chair Jerome Powell said Tuesday. However, central bank officials still want to see more...
Speech by Chair Powell on inflation and the labor market
WEBNov 30, 2022 · Chair Jerome H. Powell. At the Hutchins Center on Fiscal and Monetary Policy, Brookings Institution, Washington, D.C. Watch Live. Today I will offer a progress report on the Federal Open Market Committee's (FOMC) efforts to restore price stability to the U.S. economy for the benefit of the American people.
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as …
WEBMay 14, 2024 · Jerome H. Powell, the Federal Reserve chair, reiterated Tuesday that policymakers were poised to hold interest rates steady at a high level as they waited for evidence that inflation is slowing...
Fed Chair Powell Welcomes Cooling Inflation - The New York Times
WEBJul 9, 2024 · Jerome H. Powell, the chair of the Federal Reserve, indicated on Tuesday that recent inflation data had given the central bank more confidence that price increases were returning to normal,...
Fed Chair Recalls Inflation ‘Head Fakes’ and Pledges to Do More if ...
WEBNov. 9, 2023. Jerome H. Powell, the chair of the Federal Reserve, on Thursday expressed little urgency to make another interest rate increase imminently — but he reiterated that officials...
Jerome Powell testimony: More evidence needed on tamed inflation …
WEBMar 6, 2024 · Chair Jerome Powell reinforced his belief that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target.
Fed Chair Powell calls inflation 'too high' and warns that 'we are ...
WEBAug 25, 2023 · Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.
Fed Chair Jerome Powell warns the fight against inflation is far ... - NPR
WEBAug 25, 2023 · Federal Reserve Chair Jerome Powell said on Friday inflation is still too high, and he warned that restoring price stability will likely require an extended period of elevated interest rates.