Similar Stories to Powell May Use Jackson Hole Speech To Hint At How Fast And How Far The Fed Could Cut Rates on Bing News

By CHRISTOPHER RUGABER WASHINGTON — Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation. Now, it’s the health of the job market that’s starting to draw their concern. With inflation cooling toward its 2% target, the pace of hiring slowing and the unemployment rate edging up, the Fed is poised to cut its benchmark interest rate next month from its 23-year high.

BING NEWS:
  • Will Rate Cuts Arrive Fast Enough to Ensure Fed's 'Soft Landing?
    The Federal Reserve Open Markets Committee meets this week and is likely to announce lower interest rates, but business owners wonder when they'll see benefits.
    09/16/2024 - 5:08 am | View Link
  • Everyday Economics: Expect more volatility as Fed considers rate cut
    This week’s main event is the Federal Reserve’s September meeting, where the central bank is widely expected to deliver its first rate cut. Despite the Fed chair’s dovish tone in Jackson Hole, markets ...
    09/16/2024 - 3:28 am | View Link
  • Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen
    Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illuminate enough of the economic picture, Adam Posen said.
    09/2/2024 - 4:16 am | View Link
  • What to Expect From Federal Reserve Chair Powell's Jackson Hole Speech Friday?
    Federal Reserve Chair Jerome Powell will give a speech Friday morning that investors are eagerly anticipating for clues on the timetable for interest rate cuts. While Powell and other Fed officials ...
    08/22/2024 - 9:58 am | View Link
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