Today, Federal Reserve Chairman Jerome Powell made statements at the Washington Forum that indicate there will be no rate cuts anytime soon because the economy and the labor market are too strong with sticky […]
Federal Reserve Chairman Jerome Powell is no longer hinting that multiple rate cuts are likely later this year. According to combined media reports, Powell used a question-and-answer session during a forum in Washington, D.C., yesterday on U.S.-Canada economic […]
There was rampant speculation after the Federal Open Market Committee (FOMC) meeting last week about the timing and number of interest rate cuts this year. In a follow-up interview on 60 Minutes on Sunday, […]
Commercial real estate could well be the next big shoe to drop. But even if it is, the systemic repercussions are likely to be small. That’s the message being sent not only by Fed chair Jay Powell on […]
Fed Chair Jerome Powell took the podium on Wednesday to announce that the central bank would hold interest rates flat in June. Powell didn’t rule out future hikes, and called this move a “skip.” Towards […]
The Federal Reserve Chairman Jerome Powell said during a Wednesday afternoon speech at the Brookings institute that monetary policy affects the economy and inflation with uncertain lags, and the full effects of the ongoing tightening […]
Source: Boston — Federal Reserve Chair Jerome Powell warned that the US housing market is likely to suffer a reversal in the wake of policymakers’ interest-rate hikes. “We’ve had a time of a red-hot […]
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