Inflation is projected to fall to 2.1 percent next year. Federal Reserve Chair Jerome Powell pushed back Wednesday against assertions that the Fed’s larger interest rate cuts signaled the bank ...

Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts. His main challenge in the coming months is to keep that narrative intact if the job market ...

The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair Jerome Powell said Wednesday.

After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years.

Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC ...

The volatility underscored one point that keeps reverberating in certain halls: There isn't a single person who has more sway over America's future economic trajectory than Jerome Powell.

Watch Jerome Powell’s remarks in the player above. The central bank’s action lowered its key rate to roughly 4.8 percent, down from a two-decade high of 5.3 percent, where it had stood for 14 ...

NEWPORT NEWS, Va., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Global all-domain defense provider HII (NYSE: HII) announced today that Steve Powell, HII’s assistant treasurer for banking and capital ...

Now, they’re trying to keep it that way. Fed Chair Jerome Powell used his Wednesday afternoon press conference to explain the reasoning behind policymakers' decision to cut the central bank’s ...

19, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that CEO Mary Powell has been named to Forbes ...

Federal Reserve chair Jerome Powell wouldn't declare total victory. "We're not saying mission accomplished," he said. "We're encouraged by the progress we have made." It's a remarkable result for ...