Jerome Powell

Nov 16, 2024 | menafn.com | Jerome Powell

Economic Outlook 11/16/2024 9:05:46 PM (MENAFN- Caribbean News Global) At Conversation with federal Reserve Chair Jerome Powell, Dallas, Texas Looking back, the US Economy has weathered a global pandemic and its aftermath and is now back to a good place. The economy has made significant progress toward our dual-mandate goals of maximum employment and stable prices. The labor market remains in solid condition.

Oct 1, 2024 | bis.org | Jerome Powell

I have some brief comments on the economy and monetary policy and look forward to our discussion. Our economy is strong overall and has made significant progress over the past two years toward achieving our dual-mandate goals of maximum employment and stable prices. Labor market conditions are solid, having cooled from their previously overheated state. Inflation has eased, and my Federal Open Market Committee colleagues and I have greater confidence that it is on a sustainable path to 2 percent.

Oct 1, 2024 | bis.org | Jerome Powell

Hello, everyone, and welcome to the 10th Annual U.S. Treasury Market Conference. "Tenth annual" is a phrase that generates a bit of surprise, and much pride. It is surprising because it does not seem like the first of these gatherings, which I was honored to play a role in organizing, was all that long ago. But we can also take pride because the conference has proven useful and important for a full decade, as I expect it will do for many more years to come.

Sep 26, 2024 | newyorkfed.org | Michael Barr |Jerome Powell

The U.S. Treasury market is the deepest and most liquid government securities market in the world. It plays a critical and unique role in the global economy, serving as the primary means of financing the U.S. federal government, a significant investment instrument and hedging vehicle for global investors, a risk-free benchmark for other financial instruments, and an important market for the Federal Reserve’s implementation of monetary policy.

Sep 18, 2024 | dailybusinessgroup.co.uk | Terry Murden |Jerome Powell

The US Federal Reserve has trimmed its headline interest rate by 50 basis points, the first cut in four years, as it decides the economy needs a helping hand. The target range for the federal funds rate was lowered to 4.75-5% and its projections showed the majority of Fed officials expect the central bank to cut interest rates by 100 basis points in total this year. Wall Street initially rallied following the announcement before paring back gains.