Similar Stories to The Fed: Powell Surprises With A Dovish Turn; Economists Debate How Many Fed Rate Cuts In 2024 on Bing News

Federal Reserve Chairman Jerome Powell startled economists with a press conference that was viewed as much more dovish than expected.

BING NEWS:
  • Fed seen agreeing to quarter-point rate cut, while disputes flare about the road ahead
    Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce their benchmark interest rate by a quarter-percentage point to a range of 4.5% ...
    11/2/2024 - 12:40 am | View Link
  • Surging jobs, wages, keep Fed base case of quarter point cuts on track
    In light of the September jobs report, "the real debate at ... reflected in the Fed's most recent economic projections, and reaffirmed by Powell this week, of quarter-point rate cuts at the ...
    10/4/2024 - 3:42 am | View Link
  • The Jobs Report Is Good News for the Fed
    The data reversed recent signs of a labor market slowdown, probably taking away the argument for a big rate cut at the Federal Reserve’s next meeting. Year-over-year percentage change in ...
    10/3/2024 - 1:00 pm | View Link
  • Powell says U.S. economy is in ‘solid shape’ — and the Fed intends to keep it that way
    The U.S. economy is in solid shape and the Federal Reserve intends to keep it that way, Federal Reserve Chair Jerome Powell said Monday. The Fed’s goal all along has been to bring down inflation ...
    09/30/2024 - 1:33 pm | View Link
  • What investors expect from Fed Chair Jerome Powell when he speaks Monday afternoon
    Investors debating the Federal Reserve's next rate move get to hear ... when policymakers meet in November. "Powell won’t end the 25 bp versus 50 bp debate this afternoon. Or at least it is ...
    09/30/2024 - 2:04 am | View Link
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