Jerome Powell News

Jerome Powell outlines the Federal Reserve's criteria for rate cuts, emphasizing the need for consistent inflation control towards a 2% target....

The US Federal Reserve maintained key fund rates at their highest level since 2001, for the fifth consecutive monetary policy meeting. Also, Fed officials continue to expect three rate cuts scenario by this year-end. Amidst finding inflation still sticky, the trajectory ...

The US Federal Reserve will start cutting interest rates from June this year while the central bank is expected to keep a close watch on economic data including GDP, inflation and unemployment rate in the coming months, according to economists worldwide. ...

The US Federal Reserve announced on Wednesday that it would keep its key interest rate unchanged for the third consecutive time. The decision comes amidst the fastest string of rate increases in four decades, as the Fed grapples with the challenge ...

In their latest meeting, the US Federal Reserve policymakers have unanimously embraced a cautious strategy for future interest-rate moves, emphasizing a careful approach contingent on progress towards their inflation goal. Despite robust economic indicators, the Fed remains vigilant, underscoring the importance ...

Federal Reserve Chair Jerome Powell emphasized the central bank's commitment to addressing inflation while expressing a cautious approach during a panel discussion at an International Monetary Fund conference in Washington. Powell's remarks hinted at a readiness to tighten monetary policy further ...

US Federal Reserve decided to keep rates at 22-year for the second consecutive monetary policy. FOMC said the committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 per cent. Through its rates decision, the ...