Speech by Chair Powell on the economic outlook - Federal Reserve …
1 day ago · At Conversation with Federal Reserve Chair Jerome Powell, Dallas, Texas. Watch Live. Good afternoon. Thank you to the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber for the kind invitation to be with you today. I will start with some brief comments on the economy and monetary policy.
Federal Reserve Board - Implementation Note issued November …
Nov 7, 2024 · The Board of Governors of the Federal Reserve System voted unanimously to lower the interest rate paid on reserve balances to 4.65 percent, effective November 8, 2024. Undertake open market operations as necessary to maintain the federal funds rate in a target range of 4-1/2 to 4‑3/4 percent.
Speech - Federal Reserve Board
1 day ago · Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. ... news interviews, and other public appearances. The Chair testifies to Congress on monetary policy twice a year, responding to questions from ...
Fed cuts key interest rate by quarter point in second rate decrease
Nov 7, 2024 · What is the Fed interest rate now. Thursday’s widely expected decision leaves the Fed’s benchmark short-term rate at a range of 4.5% to 4.75%, down from a 23-year high of 5.25% to 5.5% just a ...
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · In a new survey from the New York Federal Reserve, the average expected likelihood of becoming unemployed rose to 4.4% — the highest in 10 years of recordkeeping. Michael Nagle/Bloomberg/Getty...
Federal Reserve News What Happened Today at the Fed Meeting
May 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...
Federal Reserve News Fed Raises Rates Amid Banking Turmoil
Mar 22, 2023 · The Federal Reserve raised interest rates by a quarter-point, the ninth increase in a year, as it balances the long-running fight against inflation with the sudden tumult in banking.
Federal Reserve News Fed Takes Aggressive Action in Inflation …
Jun 15, 2022 · The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling that...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
U.S. Federal Reserve News | Today's Latest Stories | Reuters
3 days ago · Within weeks of Donald Trump's 2016 election, U.S. Federal Reserve policymakers began mulling the impact of expected tax cuts and tariffs on the economy, penciling in rough estimates of what...