Jerome Powell
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U.S. Federal Reserve says 3 interest rate cuts still expected despite high inflationChair Jerome Powell said the surprising pickup in inflation in January and February hadn't fundamentally changed the Fed's picture of the economy.MoneyMar 20
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U.S. rate cuts likely, but Fed’s Powell points to economic data as decision makerU.S. Federal Reserve Chair Jerome Powell said while interest rate cuts were likely later in 2024, upcoming decisions on when and how fast would be based solely on economic data.EconomyMar 6
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U.S. Fed holds interest rates but drops reference to future hike possibilitiesThe U.S. Federal Reserve held its benchmark interest rates steady for the fourth consecutive decision on Wednesday but did not signal rate cuts were imminent.U.S. NewsJan 31
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U.S. Fed leaves rates unchanged, but leaves door open to future hikesThe U.S. Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs.EconomyNov 1, 2023
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U.S. economy is still running hot. And more rate hikes might be needed: PowellJerome Powell noted that the economy has been growing faster than expected and that consumers have kept spending briskly - trends that could keep inflation pressures highEconomyAug 25, 2023
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U.S. Fed hikes key interest rate, leaves door open to moreThe U>S. Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale.EconomyJul 26, 2023
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Fed’s Powell warns more rate hikes coming as U.S. inflation pressures ‘run high’With inflation in the U.S. still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell said.U.S. NewsJun 21, 2023
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Why the U.S. Fed rate hold is good news for the loonie — and the Bank of CanadaThe U.S. Federal Reserve held interest rates steady on Wednesday. With the Bank of Canada hiking again, here's what that could mean for inflation and rates north of the border.EconomyJun 14, 2023
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Surge in U.S. spending could force Fed off ‘pause’ in rate hikesCoupled with possible progress on a debt ceiling deal to avoid a catastrophic U.S. default, the data throws doubt on whether the Fed will indeed "pause" its rate-hike campaign.U.S. NewsMay 26, 2023
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U.S. could see pause in interest rate hikes next month, Powell hintsPowell said the central bank's benchmark rate, which affects many consumer and business loans, is now high enough to restrain borrowing, spending and economic growth.U.S. NewsMay 19, 2023
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