jerome powell, Federal Reserve
Powell’s Outsized Influence Signals Smaller Fed Cut, Nomura Says
The Federal Reserve is likely to downsize its rate cuts to 25 basis points at both the November and December policy meetings, according to Aichi Amemiya at Nomura Securities International.
Powell says more interest rate cuts are ahead, but Fed is not in a hurry
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he added.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Fed Rate Cuts Are Less Urgent After Powell Made Breathing Space. Here’s Why and 5 Other Things to Know Today.
OpenAI nearly doubles valuation to $157 billion in latest funding round, Tesla deliveries rose but analysts wanted more, and other news to start your day.
Fed Slashes Rates: Powell's Pivot to Economic Support
The Next Fed Rate Cut Is Coming — but How Big Will It Be?
Fed Chair Jerome Powell himself tempered expectations of a 50-basis-point reduction at an event earlier this week.
Glen Powell, Naked Gun and Paramount
Jerome Powell says the 'real issue' behind the US housing crisis is 'not something the Fed can really fix' — here's why and what Americans can do
While rate cuts by the Fed typically lower borrowing costs, experts say increased affordability in mortgages could lead to a ...
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Election 2024: Debbie Mucarsel-Powell seeks to unseat Rick Scott in U.S. Senate
TAMPA, Fla. - U.S. Senator Rick Scott is locked in a dead heat with Debbie Mucarsel-Powell to keep his U.S. Senate seat.
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Columbus restaurant raises funds for friend impacted by Hurricane Helene
Help is on the way from central Ohio for Hurricane Helene recovery relief. A local business is supporting a former Columbus ...
Motorcyclist critically injured in east Columbus crash
Officers with the Columbus Division of Police were called on a report of a crash involving a motorcycle and a car at East ...
Twenty One Pilots recording Columbus concert for new live album
Fans that scored tickets to the hometown duo's first Columbus show could hear their voices on the band's next album.
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Columbus man sentenced for using grocery store to launder drug money, profiting $1 million
A Columbus man was sentenced to six years in prison for using a grocery store as a front to launder drug trafficking money, from which he made at least $1 million.