-
2 months ago | 
malaya.com.ph | Howard Schneider |Michael S. Derby
- Advertisement -By HOWARD SCHNEIDER, MICHAEL S. DERBYWASHINGTON- The US central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate.
-
Jan 8, 2025 | 
businesslive.co.za | Howard Schneider
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. The Federal Reserve building in Washington, the US.
-
Dec 4, 2024 | 
businesslive.co.za | Howard Schneider
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. US Federal Reserve chair Jerome Powell speaks in Washington, the US, November 7 2024.
-
Nov 15, 2024 | 
businesslive.co.za | Ann Saphir |Howard Schneider
Dallas — Ongoing economic growth, a solid job market and inflation that remains above the 2% target means the US central bank does not need to rush to lower interest rates and can deliberate carefully, says Federal Reserve chair Jerome Powell.
-
Nov 14, 2024 | 
businesslive.co.za | Ann Saphir |Howard Schneider
Dallas — Ongoing economic growth, a solid job market and inflation that remains above the 2% target means the US central bank does not need to rush to lower interest rates and can deliberate carefully, says Federal Reserve chair Jerome Powell.
-
Nov 7, 2024 | 
businesslive.co.za | Howard Schneider
Washington — The Federal Reserve cut interest rates by 25 basis points (bps) on Thursday as policymakers took note of a job market that has “generally eased” while inflation continues to move towards the US central bank’s 2% target. “Economic activity has continued to expand at a solid pace,” the Fed’s rate-setting federal open market committee said at the end of a two-day policy meeting in which officials lowered the benchmark overnight interest rate to the 4.50%-4.75% range, as widely expected.
-
Oct 9, 2024 | 
businesslive.co.za | Howard Schneider
Washington — A “substantial majority” of US Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary policy with a jumbo half-point rate cut, according to minutes of the two-day sessionHowever, there appeared to be even broader agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future, the minutes show.
-
Oct 1, 2024 | 
malaya.com.ph | Howard Schneider
By Howard SchneiderNASHVILLE, Tennessee- Federal Reserve Chair Jerome Powell indicated on Monday the US central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not “in a hurry” after new data boosted confidence in ongoing economic growth and consumer spending.
-
Sep 30, 2024 | 
businesslive.co.za | Howard Schneider
Nashville — The US economy seemed poised for a continued slowdown in inflation that would allow the Federal Reserve to cut its benchmark interest rate and “over time” reach a level that was no longer holding back activity, Fed chair Jerome Powell said on Monday.
-
Sep 23, 2024 | 
business-journal.in | Howard Schneider
By Howard Schneider WASHINGTON (Reuters) – The united state financial local weather is near typical costs of rising value of dwelling and joblessness and the Federal Reserve requires monetary plan to “normalize” additionally, Atlanta Federal Reserve head of state Raphael Bostic said Monday in remarks that really helpful visibility to a quick pace of charge of curiosity cuts in coming months.
