The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
WASHINGTON, Sept 23 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market ...
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Fed's First Rate Cut Of 2025 To Powell Speaking On Jobs, Tariffs, Inflation — Key Highlights
The Fed resumes its rate-cut cycle after nine months, lowering benchmark rates by 25 bps to 4%–4.25%. Median projections suggest another 50 bps cut in 2025. Policy ...
Jerome Powell, Chair of the Federal Reserve, received the 2025 Adam Smith Award for exemplary leadership and navigating complex monetary policy challenges. Powell reiterated the Fed's data-driven ...
The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ...
The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...
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