Fed Chairman Jerome Powell will tell Congress that officials are "closely monitoring" the coronavirus.       

BING NEWS:
  • Fed Chair Jerome Powell’s Jackson Hole Speech Offers Chance to Lay Out Trail Markers for Mountain Descent
    (Natalie Behring/Bloomberg News) The stage is set Friday for Federal Reserve Chair Jerome Powell to lay out a rough guide to how officials might approach the next phase of their interest-rate journey.
    08/23/2024 - 10:46 am | View Link
  • Fed Rate Cut Looming as Jerome Powell Prepares Major Speech
    The Federal Reserve is expected to cut its benchmark interest rate in September ... Economists say that even if hiring remains solid, the Fed is set to cut rates this year, given the steady ...
    08/20/2024 - 2:10 am | View Link
  • Fed Chair Powell Steps Into the Spotlight at Jackson Hole
    For starters, they’re looking for confirmation the Fed will lower rates in September. But more drama surrounds what happens after that and the pace of additional cuts over the next several ...
    08/17/2024 - 5:00 am | View Link
  • Fed Chair Powell Steps Into the Spotlight at Jackson Hole
    The highlight will come Friday, when Fed Chair Jerome Powell speaks about the economic outlook in a keynote address at 10 a.m. New York time.
    08/16/2024 - 1:00 pm | View Link
  • Fed’s Powell Will Set the Stage for the First Rate Cut in Years at Jackson Hole
    For most Americans, it will be the first reduction in U.S. interest rates in more than four years. An expected rate cut by the Federal Reserve in mid-September won’t change the price of eggs or ...
    08/16/2024 - 5:06 am | View Link
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