Search For "jerome powell"
US Fed cuts interest rate by 50 basis points after keeping it steady over
Updated : 1 year, 5 months ago IST
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.
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US Fed chief strongly signals rate cut in September, shifts focus from inf
Updated : 1 year, 6 months ago IST
US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as inflation rates were aligning with its target.
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Indian stocks settle steady; markets now await Fed chair's Jackson Hole ad
Updated : 1 year, 6 months ago IST
The stock market on the last trading day of this week ended flat after a volatile session, as investors are waiting for the speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium later today.
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Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium ad
Updated : 1 year, 6 months ago IST
The central bankers and markets around the globe will be eying the speech given by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium later today.
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US Fed Chief Powell hints at September rate cut amid strong economic activ
Updated : 1 year, 7 months ago IST
U.S. Federal Reserve Chair Jerome Powell hinted a possible interest rate cut in September if economic conditions align with expectations. The fed made these remarks during the latest Federal Reserve meeting which decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per ce
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US Fed hopeful of achieving 2 per cent inflation target soon
Updated : 1 year, 8 months ago IST
The U.S. Fed in its latest meeting noted a lack of significant progress towards reaching the 2 per cent inflation target, although it added that there had been modest improvements in recent months, highlighted the Fed policy minutes released on Wednesday.
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Inflation worries continue for US Fed, no policy rate cut for seventh time
Updated : 1 year, 9 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, maintaining the policy rate for the seventh straight time on the trot.
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US Fed says further interest rate hike unlikely going ahead
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank is currently focused on its restrictive monetary policy stance.
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US Fed vows to hold policy rate "as long as appropriate" to bring inflatio
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as appropriate" so as to align the inflation rate with its 2 per cent target.
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Inflation worries continue for US Fed, no policy rate cut for sixth time
Updated : 1 year, 10 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
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US: Fed keeps interest rates unchanged, projects three cuts in 2024
Updated : 1 year, 11 months ago IST
The Fed officials, in their March policy decision, held interest rates steady at about 5.3 per cent, where they have been set since July 2023.
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US Fed Chair indicates no rush in cutting interest rates
Updated : 2 years ago IST
Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation and ultimately require even tighter policy to get inflation back to 2 per cent target, US Federal Reserve Jerome Powell said, as he indicated the central bank is no rush to cu
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