US Federal Reserve cuts interest rates by 50 bps in key FOMC meet chaired by Jerome Powell – Times of India
US Federal Reserve Meeting: The US Federal Reserve on Wednesday cut interest rates by 50 basis points. "In light of...
Jerome Powell
How Hard Should the Fed Squeeze to Reach 2% Inflation?
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,...
U.S. Economic Growth Accelerates, Defying Slowdown Expectations
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
Good News for the Fed: Shoppers See Lower Inflation on the Horizon
Americans believe that inflation rates for gasoline, education, medical care and food are near prepandemic levels. Source link
U.S. Inflation, Consumer Spending Growth Cooled in May
Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest...
Jerome Powell Keeps June Interest-Rate Pause in Play
Fed chair says banking strains could mean rates don’t have to rise as much to tame inflation Source link
Federal Reserve Raises Rates, Signals Potential Pause
Central bank officials remove earlier guidance that had pointed to further increases. Source link
Consumer Spending Moderated in February and Core Inflation Eased
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain...
Five big takeaways from the Fed’s extraordinary meeting | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Fed Walks Tightrope Between Inflation and Bank Turmoil—but for How Long?
EconomyCapital AccountCentral bank nods to bank troubles but presses ahead with slightly slower rate increases Source link
Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress
EconomyU.S. EconomyOfficials voted unanimously to increase their benchmark short-term rate by a quarter percentage point Source link
Why Top Washington Officials Chose to Rescue SVB, Signature Depositors
For more than a decade after the collapse of Lehman Brothers in 2008, Washington’s regulatory watchdogs sought to ensure that...
Jobs Report Offers Little to Change Interest Rate Outlook for the Fed
EconomyOfficials are weighing whether to raise the benchmark federal-funds rate by a quarter-point or a half-point Source link
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase
EconomyU.S. EconomyFebruary reports on hiring, inflation will guide rate decision, central bank chair says in testimony Source link
Economy Week Ahead: U.S. Trade in Focus
EconomyEconomy Week AheadFed Chairman Jerome Powell to speak at an event in Washington Source link
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
U.S. August Inflation Rate Is Expected Tuesday Amid Lower Gasoline Prices
The U.S. inflation report for August will offer details of the price changes consumers faced at the end of the...
Fed’s Powell Affirms Need to Act Strongly to Fight Inflation
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it...
U.S. GDP Fell Less Than Previously Thought in Second Quarter
The second-quarter decline in U.S. economic output was less severe than initially estimated and unemployment claims fell slightly last week,...
