Tag: Powell

Powell Waves Off Recession Fear While Leaving Rate Cuts on Table

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Federal Reserve Chairman Jerome Powell pushed back against perceptions that the U.S. economy was tilting into a recession, while leaving the door open to further interest-rate cuts to keep
— Read on ca.finance.yahoo.com/news/powell-waves-off-recession-fear-090000127.html

Powell: Fed’s lower rates are helping the economy stay in good place

Federal Reserve Chairman Jerome Powell says the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth.
— Read on www.cnbc.com/2019/09/06/powell-says-feds-lower-rates-are-helping-to-keep-the-economy-in-a-good-place.html

Powell Likely to Use Jackson Hole to Suggest Fed Ready to Cut – Bloomberg

Federal Reserve Chairman Jerome Powell will have no lack of material to choose from when he kicks off the central bank’s annual Jackson Hole symposium Friday with a speech on the challenges for monetary policy.
— Read on www.bloomberg.com/news/articles/2019-08-18/powell-likely-to-use-jackson-hole-to-suggest-fed-ready-to-cut

Powell Suggests Fed Embarking on 1990s-Style Mini Easing Cycle – Bloomberg

Federal Reserve Chairman Jerome Powell hearkened back to the central bank’s 1990’s policy successes by suggesting he can sustain the record long U.S. economic expansion with just a modest reduction in interest rates.
— Read on www.bloomberg.com/news/articles/2019-08-01/powell-suggests-fed-embarking-on-1990s-style-mini-easing-cycle