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Jerome Powell Got The Fed To A Big Half-Point Cut
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Jerome Powell's Make-or-Break Moment
Federal Reserve Chair Jerome Powell has spent the past two years determined to beat inflation even if it resulted in recession. Now he’s on the brink of winning the battle without bringing down the economy,
Biden falsely claims he's never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 meeting with Jerome Powell.
2h
on MSN
Has Jerome Powell managed the impossible, or was it just luck?
Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...
6h
on MSN
The Fed has set out on a ‘recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
22h
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
2d
Jerome Powell appears set to sidestep politics even as he oversees a likely central bank rate cut
Jerome Powell is set to take plenty of incoming political fire from both sides this week. That appears to be just fine with ...
New York Post on MSN
1d
Fed slashes interest rates by half a percentage point in bid to curb inflation without causing recession
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
2d
The Fed and chair Powell are 24 hours away from making market-moving news. Here’s what to expect
"The equity markets have remained resilient, particularly favoring value and dividend-paying stocks this quarter. This ...
2d
Why Jerome Powell Can’t Escape The Election
The outcome of an election is a data point — more lasting than this month’s jobs numbers or inflation report — that provides a signal of where the country is headed.
The New Yorker
3d
How Inflation Fooled Almost Everybody
With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...
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